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Main Home Page   Members Home Page   Public Relations Sept. 7, 2010
 
 
 
Homing in on telework
Government Executive Magazine    Share   Share on FacebookTwitterShare on LinkedinE-mail article
Last winter, as snowstorms paralyzed the Washington region, shutting down federal agencies for four days and costing taxpayers hundreds of millions of dollars in lost productivity, telework went from an office perk to a national necessity. Back-to-back storms, now referred to as Snowmaggedon, created drifts of up to 4 feet in some areas, making it impossible for thousands of federal workers to get to their offices. OPM is working to launch a governmentwide telework program aimed at increasing the number of employees who telework by 50 percent in the next few years. More

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The best credit cards for retirees
Smart Money    Share    Share on FacebookTwitterShare on LinkedinE-mail article
According to a new survey by Scottrade, an online investing firm, retirees are swiping their cards more often and loosening their purse strings when it comes to entertainment and travel. The results raise the issue of how seniors should make the most of their credit card in retirement. For those that have debt, the first step should be getting rid of it. The interest payments on those cards can cost thousands of dollars - a big concern especially for those living on a fixed income – and the fees can add up, say financial advisors. More

TSP investments: Risk vs. reward
Federal News Radio 1500 - AM    Share    Share on FacebookTwitterShare on LinkedinE-mail article
In the five years since they've been an option, federal and military investors have slowly taken to the automatic-pilot, fire-and-forget lifecycle funds. Currently about 12 percent of the $255.7 billion in the federal thrift savings plan is invested in one of the target-date L-funds. More

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Chairmen of key House panels ask MetLife to explain payout practices
The Washington Post    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Two members of Congress who are influential on federal work force issues are questioning the practices of the insurance company that provides life insurance for federal employees. Reps. Edolphus Towns, D-N.Y., and Stephen F. Lynch, D-Mass., sent a letter to MetLife chief executive Robert Henrikson, asking him to explain his company's use of "retained asset accounts." Metlife is the only provider of life insurance for civilian federal employees through the Federal Employees' Group Life Insurance program. More

Record number in government anti-poverty programs
Federal Times    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Government anti-poverty programs that have grown to meet the needs of recession victims now serve a record one in six Americans and are continuing to expand. More than 50 million Americans are on Medicaid, the federal-state program aimed principally at the poor, a survey of state data by USA Today shows. That's up at least 17 percent since the recession began in December 2007. More

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Coffee may combat high blood pressure
WebMD    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Older people with high blood pressure who drink one to two cups of coffee a day have more elastic blood vessels than people who drink less or more, Greek researchers report. As we age, our blood vessels get stiffer, and that's thought to increase the risk of high blood pressure. The new findings suggest moderate coffee drinking may counteract this process. More



Dementia patients, caregivers may benefit from home-based program
Health Day News via Bloomberg Businessweek    Share    Share on FacebookTwitterShare on LinkedinE-mail article
A home-based program designed to improve life for dementia patients and their caregivers offers some benefits, finds a new study. The program — called Care of Persons with Dementia in Their Environments — seeks to improve dementia patients' ability to perform day-to-day tasks and thus reduce some of the burden on their caregivers. The program was designed by researchers at Thomas Jefferson University in Philadelphia. More

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Lessons from a 60-year-old intern
Forbes    Share    Share on FacebookTwitterShare on LinkedinE-mail article
In February 2009 Julie Allstrom, 60, an executive assistant with four decades worth of office experience, lost her full-time job with a professional sports team in Virginia where she earned $60,000 a year. A CareerBuilder survey of more than 2,500 hiring managers, conducted between May and June 2010, indicates that Allstrom is not alone: 23 percent of employers reported seeing candidates with more than 10 years experience and workers ages 50 and up apply for internships. More



Federal retirees rate The Villages in Florida as 'runaway favorite'
The Villages Daily Sun    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The Villages in Florida was the "runaway favorite" among federal retirees in a magazine survey for a story on the best retirement communities. "The Villages (south of Ocala, Fla.) was mentioned the most," magazine writer John Brady wrote. More



New per diem rates announced
FedWeek    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The reimbursable maximum lodging portion of per diem rates for federal employees on official travel will fall by an average of nearly 6 percent effective Oct. 1, U.S. General Services Administration has announced, a drop it attributed to lowered prices for lodging due to the economic downturn. More

Safe, Secure, Smart Retirement Living
Discover why nearly 9,000 retirees have chosen an ACTS Retirement-Life Community to call home. Choose from 23 communities in eight eastern states from Pennsylvania to Florida. ACTS is one of the largest not-for-profit continuing care retirement community organizations in the U.S. Resort-lifestyle amenities. Life care security. Priced affordably. MORE

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11 tips to cut grocery bills
Smart Money    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Coupons don't cut it for grocery savings anymore. Although inflation has been modest lately, the Agriculture Department predicts food-price inflation is likely to jump 2 percent to 3 percent in 2011. That means food companies and supermarkets will soon be facing higher overhead costs. More



A NARFE member asks about crediting sick leave toward retirement
NARFE    Share    Share on FacebookTwitterShare on LinkedinE-mail article
QUESTION: Is there a limit on how much sick leave can be applied to calculating a federal pension? More



Convention delegates elect new NARFE officers
NARFE    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Joseph A. Beaudoin of Winchester, Va., was elected National President of the National Active and Retired Federal Employees Association in balloting Sept. 1, at the 31st Biennial NARFE National Convention in Grand Rapids, Mich. He is the current national vice president. Paul H. Carew of Pittsboro, N.C., was elected National Vice President. Elaine Hughes of Asheville, N.C., was elected National Secretary. And Charles W. Saylor of Towson, Md., was elected National Treasurer. More than 1,000 delegates attended the Aug. 29-Sept. 2, convention. NARFE members can access day-by-day convention reports at www.narfe.org; NARFE magazine's November issue will carry a full convention report.

Are you a member of NARFE? If not, join today!
NARFE    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The National Active and Retired Federal Employees Association is the only organization dedicated solely to protecting and enhancing the health care and retirement benefits of federal employees and their survivors. More
 
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NARFE NewsWatch from the National Active and Retired Federal Employees Association
Disclaimer: The articles that appear in NARFE NewsWatch are chosen from a variety of sources to reflect topics of interest to active and retired federal employees. With the exception of Federal Benefits Question of the Week and News From NARFE, an article's inclusion in NARFE NewsWatch does not imply that the National Active and Retired Federal Employees Association (NARFE) endorses, supports or verifies its contents or expressed opinions. Factual errors are the responsibility of the listed publication.

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