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NEWS FROM NARFE

Phone calls speak volumes during 'NARFE National Call Congress Week, Sept. 16-20'
NARFE
With multiple fiscal deadlines facing Congress and the White House, the proposed change from the current method (CPI-W) of calculating cost-of-living adjustments (COLAs) to the Chained CPI could become a bargaining chip at any moment. NARFE President Joseph A. Beaudoin urges every NARFE member to make three phone calls this week to protect your earned benefits. "Thanks to your diligence, our Chained CPI coupon project has far exceeded our goal of $48,000," Beaudoin says. "Now I ask you to put down the scissors and pick up the phone."

Calling Capitol Hill is easy and only takes a few minutes — and is a powerful way to protect your earned benefits. Use the toll-free number and follow these simple instructions posted on the NARFE website: http://www.narfe.org/home/articles.cfm?ID=3522. Page 9 of the September issue of narfe magazine also provides complete calling instructions.
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FEDERAL BENEFITS QUESTION OF THE WEEK


Thrift Savings Plan distribution
NARFE
Question: I will turn age 70-1/2 later this year. I know the amount of my required minimum distribution (RMD), but I want to leave my money in my Thrift Savings Plan (TSP) account and elect less than my RMD. Is this legal, and what is the minimum amount I can elect?
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FEDERAL UPDATE


Report: Federal sector to shed 100K jobs next year
Federal Times
Budget cuts from sequestration will force agencies to trim 100,000 federal jobs over the next year, according to a report published Tuesday by banking firm Goldman Sachs. Federal employment has already fallen by 71,000 jobs over the last year, according to the report. It assumes that Congress will not reverse sequestration budget cuts.
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Bipartisan letter suggests Pentagon include contractors in staff cuts
Government Executive
A bipartisan pair of lawmakers has asked the Defense Department to rethink its plan to cut staff by 20 percent at top headquarters offices, asking for the Pentagon to exhaust all other options before taking negative personnel actions.
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Payroll snafu leads to delayed paychecks for many feds
Federal News Radio
Employees at multiple federal agencies, who would normally receive a direct deposit electronic paycheck Friday, will have to wait until Tuesday because of a mix-up by the Interior Business Center, one of the largest federal payroll processors.
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FBI plans 10 furlough days for 2014
Government Executive
The FBI is planning 10 agencywide furlough days in fiscal 2014 should sequestration continue as expected, according to The New York Times. While the bureau will shutter its national headquarters in Washington and regional offices nationwide, it will maintain a small staff on the furlough days. The FBI spends $16 million on salaries each day, the Times reported, which accounts for 60 percent of its budget.
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Federal employee groups concerned about health care and workers comp provisions
FedSmith
NTEU, NARFE and AFGE are asking Congress to reject provisions in pending legislation that they say would undercut the federal employee health care and workers' compensation programs.
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FINANCES


Renovate your home: 5 smart fixes
CNN
Allyn Brown didn't really like the cramped, choppy layout of his 1970s ranch home, but the location was just too good to give up. "So, rather than downsize or move into a retirement community, I decided to stay right here," says Brown.
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HEALTH


Sleep deprived? You're more likely to buy junk food
HealthDay News via Health.com
Lack of sleep can lead people to buy more food and more high-calorie items at the supermarket, a new study finds. "Our finding provides a strong rationale for suggesting that patients with concerns regarding caloric intake and weight gain maintain a healthy, normal sleep schedule," the study’s lead author Colin Chapman, of Uppsala University in Sweden, said in a journal news release.
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RETIREMENT TRENDS


Top metro areas for retirees
USA Today
Baby boomers are rediscovering the city as they prepare to retire. They are shedding the big homes and even the cars in search of communities where they can walk to restaurants, stores and social events. "The appeal of relocating to a metro area lies in the abundance of part-time jobs these cities offer, as well as big-city amenities, like cool ethnic restaurants and great shows," says Annette Fuller, managing editor of Where to Retire magazine.
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SECOND CAREERS


Best ways to prepare now to land a job in 2014
Forbes
Now that fall's approaching, you might be starting to make your Thanksgiving plans. This is actually also an ideal time to begin preparing to find a new job in 2014 or maybe even switch fields entirely next year. Fortunately, it looks as though hiring will pick up in the coming months.
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TRAVEL


Unexpected travel destinations for baby boomers
Forbes
If you're a travel buff over 50, chances are you've already seen the usual suspects: Paris, New York and maybe even Beijing. With their globe-trotting readers in mind, Forbes asked travel experts: What travel destination would you recommend for baby boomers that they might not know about?
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CONSUMER TIPS


Shopping around can yield big savings on eyeglasses
The Bosont Globe
If you're like many of Consumer Reports' readers, you're buying prescription glasses from your eye doctor's office or an independent shop, and you're happy with the results. But you're probably paying much more than you would if you comparison-shopped at different eyewear stores, including discounters such as Costco and online retailers. Doing just that, Consumer Reports was able to shave more than 40 percent off the prices of frames and lenses.
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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.

Colby Horton, vice president of publishing, 469.420.2601   Download media kit
Caleb Gremmer, content editor, 469.420.2648   Contribute news
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