This message contains images. If you don't see images, click here to view.
Advertise in this news brief.




Text Version   RSS   Subscribe   Unsubscribe   Archive   Media Kit September 08, 2015




Collington Life Care Community

A wooded, 125-acre retirement community with easy access to Washington, D.C. Try our "Try-It" stay.


Special NARFE Discount!


NARFE Members may be eligible for an additional discount on auto insurance!

 


This issue of NewsWatch is provided by NARFE, a nonprofit membership organization dedicated to protecting and enhancing the earned pay, retirement and health care benefits of federal employees, retirees and their survivors. Please join today!

NEWS FROM NARFE

Increase expected for Medicare premiums in 2016
NARFE
According to the "2015 Medicare Trustees Report," about 30 percent of Medicare Part B beneficiaries will shoulder the full cost of the 2016 premium increase, resulting in an increase of 52 percent from $104.90 to $159.30 per month. That 30 percent includes federal retirees covered by the Civil Service Retirement System and excluded from Social Security coverage.

The other 70 percent of Part B beneficiaries are covered by the hold harmless provision, a provision of the Social Security law that prevents an individual's Social Security benefit from decreasing. This means that if there is no cost-of-living adjustment and Medicare Part B premiums increase, individuals who have their Medicare premiums deducted directly from their Social Security checks are "held harmless" from the premium increase. Without the effect of the hold harmless provision, Medicare Part B premiums would be expected to increase to $120.70 per month.

NARFE is pushing the Administration to protect federal retirees and others from bearing a disproportionate share of Medicare Part B costs. We are simultaneously working with legislators to introduce and enact legislation to do the same. NARFE has developed an issue brief that provides more detail.
   Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article




FEDERAL BENEFITS QUESTION OF THE WEEK

NARFE's members are well informed on their benefits and retirement options. Qualified benefit specialists are on hand to help members personally and to publish answers to questions like these every month in narfe magazine. Join NARFE today.


Survivor benefits, FERS
NARFE
Question: What survivor benefits are payable to the survivors of an employee covered under the Federal Employees Retirement System?
Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
READ MORE


SPONSORED CONTENT


FEDERAL UPDATE


NARFE hopes 2009 bill can help stop 2016 Medicare hikes
Federal Times
Federal retirees won't know if they'll get a cost-of-living-adjustment until October, but the possibility of a COLA-less 2016 has some worried about a Medicare price hike on the horizon. Officials at the National Active and Retired Federal Employees Association sounded a warning bell Aug. 27 that without legislation, premiums for Medicare Part B beneficiaries could jump 52 percent next year, leaving many with higher medical costs.
Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
READ MORE


Government awards $133 million contract to protect 21.5 million victims of OPM hack
Government Executive
The Defense Department and Office of Personnel Management, in conjunction with the General Services Administration, on Sept. 1 awarded a $133.3 million contract to Identity Theft Guard Solutions LLC to provide protection services to 21.5 million OPM hack victims. The contract covers the first year of three years of ID theft protection OPM has promised; exercising additional option years on the contract will bring the total value to $329.8 million.
Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
READ MORE


Advertisement
PRODUCT SHOWCASE
  World's Best Folding Mobility Scooter

The Luggie is a lightweight folding mobility scooter- perfect for all forms of travel including planes, trains, and automobiles! Its compact size makes the Luggie effortlessly manageable and maneuverable. The Luggie will provide you with a renewed sense of independence and unlimited accessibility to the world around you. Learn More...
 


Federal employee groups disgusted with president's proposed pay raise
FedSmith.com
President Barack Obama issued a letter Aug. 28 approving alternative January 2016 across-the-board and locality pay adjustments. In it, he called for an across-the-board pay increase of 1 percent. The letter noted, however, that some federal employees may end up with a 1.3 percent increase because of locality pay increases. For details on the announcement, see President Directs 1 percent Federal Pay Raise for 2016.
Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
READ MORE


Medicare hike, pay raise, COLA, shutdown and more
Federal News Radio
On Sept. 1, John Hatton from the National Active and Retired Federal Employees joined "Your Turn" host Mike Causey to discuss Congress' legislative agenda when it returns from its August recess. It includes the possibility of an increase in Medicare Part B premiums, the potential for another government shutdown, and whether federal, military and Social Security retirees will get a cost of living adjustment next year.
Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
READ MORE


Advertisement
PRODUCT SHOWCASE
  Special Discount for NARFE Members!

As a member of NARFE, you could qualify for a special discount on car insurance with GEICO. Simply go online or call 1-800-368-2734, to complete a simple, no-obligation rate quote. Don’t forget to mention your NARFE membership to see how much you could save with your special member discount.
 


New feds will default into riskier TSP fund starting this week
Government Executive
New federal employees will automatically see 3 percent of their paychecks deposited into a life-cycle fund of the Thrift Savings Plan beginning this week, the plan's governing board has announced. The Federal Retirement Thrift Investment Board issued a final rule to note the default plan will change beginning Sept. 5. It will mark the first time since federal agencies began automatically enrolling new employees in the TSP in 2010 that the government securities (G) fund will not be the default investment.
Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
READ MORE


STATE ADVOCACY NEWS


State budget coverage available from trade group
NASBO
An August story from Congressional Quarterly Roll Call featured four association websites that are helpful in tracking state legislation. Included in this list was the National Association of State Budget Officers' website. As acknowledged in the write-up, the most important legislation for any state legislature is the state budget, and the NASBO website is a "treasure trove of information about state budget processes and state budget basics." The website includes links to each state's proposed and enacted budget, videos on budgeting basics and features the semiannual Fiscal Survey of the States and annual "State Expenditure Report," in addition to issue briefs, blog posts and other reports on specific policy issues.
Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
READ MORE


FINANCES


How to write a will that won't cause a family feud
Credit.com
There is a saying that the love of money is the root of all evil. But few things can break up a family more than money issues upon the settlement of a parent's or life partner's estate. Family harmony is usually an important issue when parents write out their final distribution wishes in their will. Simple or complex estates can run the risk of disharmony caused by a lifetime of family interactions, rivalries and learned behaviors.
Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
READ MORE


HEALTH


The case for protecting yourself against the flu
U.S. News & World Report
Comprehensive media coverage of recent global epidemics, such as Ebola and MERS-CoV, has placed infectious diseases on the forefront of the collective conscience. One global infectious disease that persists and continues to claim thousands of lives is the flu. The influenza virus has potential for morbidity and mortality. It also has associated costs to society in missed days of school, loss of workforce productivity and substantial health care expenditures.
Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
READ MORE


TRAVEL


Don't get stuck in the millions-strong surge of passport applications. Renew now
The Washington Post
Here's a tip for the millions of Americans who applied for a passport in 2007, the year the U.S. government made travelers carry the blue book or other approved documents for all travel within the Western Hemisphere: Prepare to renew. Need more motivation? September is Passport Awareness Month.
Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
READ MORE


SECOND CAREERS


Outdated job search myths that stifle your success
Forbes
Back in the dark ages, the established rules of job searching remained relatively the same for decades. These days, many of those rules are no longer helpful to your search – in fact, they can work against you in the new world of work. Here are a few old rules that you must replace with new practices if you want to stay relevant in today's job search environment.
Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
READ MORE


CONSUMER TIPS


Don't fall for fake customer service numbers
Better Business Bureau
Next time you call the customer service department of your credit or debit card, be sure to double check the number. Scammers are purchasing phone numbers similar to those of customer service lines and fooling card holders into sharing account information.
Share this article:   Share on FacebookTwitterShare on LinkedinE-mail article
READ MORE




We are NARFE! Join us!
The National Active and Retired Federal Employees Association is the only membership organization solely dedicated to protecting and preserving the benefits of all federal workers and retirees. NARFE is your legislative voice and your information resource.

Visit NARFE on the Web at www.narfe.org.



Forward this issue of NewsWatch and introduce your friends and colleagues to the valuable insight and information NARFE provides to the federal community.


  
Follow NARFE on Twitter and Facebook
 
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, News From NARFE and State Advocacy News, 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.

Colby Horton, Vice President of Publishing, 469.420.2601   Download media kit
Bianca Gibson, Executive Editor, 469.420.2611   Contribute news
This edition of the NARFE NewsWatch was sent to ##Email##. To unsubscribe, click here. Did someone forward this edition to you? Subscribe here — it's free!
Recent issues
Sept. 1, 2015 - non
Sept. 1, 2015
Aug. 25, 2015 - non
Aug. 25, 2015





7701 Las Colinas Ridge, Ste. 800, Irving, TX 75063