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Main Home Page   Members Home Page   Public Relations Jan. 11, 2011
OPM pension errors force thousands to pay up
Federal Times    Share   Share on FacebookTwitterShare on LinkedinE-mail article
Due to its own errors, the Office of Personnel Management for nearly five years undercharged thousands of federal employees for pension contributions. Now, OPM is demanding they immediately pay — in some cases thousands of dollars — to correct their pension accounts. The reason: OPM charged about 8,500 federal employees the wrong interest on their service credit deposits or redeposits since 2006. More


Money manager thinks rising interest rates will bail out retirees
Retirement Revised    Share    Share on FacebookTwitterShare on LinkedinE-mail
Ultra low interest rates brought on by the 2008 financial crisis have been great for borrowers, but they've been a nightmare for retirees who depend on low-risk yield on savings to meet living expenses. Over the past several years, many retirees living on fixed incomes have been forced to cut expenses, eat into principal or rely on higher risk fixed income investments or stocks. More

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Public opinion, congressional upheaval won't help the federal worker
The Washington Post    Share    Share on FacebookTwitterShare on LinkedinE-mail article
If all the promises in the Republican Pledge to America are honored like the party's quickly broken commitment to cut government spending by $100 billion, federal employees may have little reason for concern. Frankie and Flo Fed, however, had better wait before they exhale. Sure, House Republicans backed off the $100 billion cut almost as soon as Speaker John A. Boehner of Ohio picked up his really big gavel. But it doesn't mean that additional promises in the pledge, including those that could negatively affect federal workers, won't be pursued with vigor. More

Proposal continues crackdown on recruitment and other bonuses
Government Executive Magazine    Share    Share on FacebookTwitterShare on LinkedinE-mail
The Office of Personnel Management recently proposed rules aimed at helping federal agencies better control costs of incentive payments to recruit, relocate and retain talented employees. Under the draft regulations, agencies would be required to annually review recruitment bonuses for hard-to-fill categories of jobs to ensure the payments were still warranted, and an authorized official would have to sign off on the assessment. Agencies also would have to drop the incentives for new hires if officials found it would no longer be difficult to attract candidates for that type of position. More

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10 ways to reach your personal best at any age
The Huffington Post    Share    Share on FacebookTwitterShare on LinkedinE-mail article
After a month of office parties, holiday open houses, family dinners and even a possible indulgent vacation, it's time to face those New Year's resolutions again. Never mind what happened last year: Now is the time to start. No matter what you've heard or ever rationalized, it's never too late to begin the journey to better health and optimal fitness. More

Walking may lower mortality risk in prostate cancer
MedPage Today    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Prostate cancer survivors can literally walk themselves to a lower risk of dying of the disease — with some men achieving an almost 50 percent lower mortality risk, data from a large cohort study showed. The study, involving more than 2,000 survivors of nonmetastatic prostate cancer, found those who walked at a normal to brisk pace for at least 90 minutes a week had a 46 percent lower mortality hazard. More

Women's tears turn men off
The Huffington Post    Share    Share on FacebookTwitterShare on LinkedinE-mail article
If a crying woman's red nose isn't a big enough turnoff to a man, a surprising experiment found another reason: Tears of sadness may temporarily lower his testosterone level. Those tears send a chemical signal as the man gets close enough to sniff them – even though there's no discernible odor, say researchers from Israel's Weizmann Institute of Science. More

Temporary work increases for those over 55
Forbes    Share    Share on FacebookTwitterShare on LinkedinE-mail article
For older workers, the employment situation has improved somewhat, according to Bureau of Labor Statistics data recently released. In December, overall unemployment dropped to 9.4 percent from 9.8 percent in November. More


Almost half of pre-retirees have no plan against outliving assets
Advisor One    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Nearly half of Americans ages 45-70 have no financial plans in place to protect themselves against outliving their assets and the rising cost of health care should they live longer than they expected, according to a new survey recently released by the Society of Actuaries (SOA). Additional findings show more than one-third are worried about running out of money during retirement, but only 20 percent plan to purchase an annuity or other form of guaranteed lifetime income to protect their assets. More

Retirement-age volunteers mix altruism with travel
San Francisco Examiner    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Instead of heading to the Sunbelt for rest and relaxation, a small but growing number of seniors are heading overseas on volunteer vacations. Opportunities to lend a hand in other countries are catching on among those nearing or in retirement as a way to see the world while contributing in at least a small way. More

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Cleaning specialists' tips for evading bedbugs
USA Today    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Among travelers, bedbugs are a growing concern, since the hitchhiking, blood-sucking critters have proliferated. You don't want to get bitten in a hotel room, even though bites are not lethal. And you certainly don't want to bring bedbugs home, where eradication can cost thousands of dollars, and bedbugs can lie dormant before reappearing to feed. More

Are You Suffering From Winter Blues?

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Crooks can guess digits in your Social Security number
Wallet Pop    Share    Share on FacebookTwitterShare on LinkedinE-mail article
According to researchers from Carnegie Mellon University, it's possible for crooks to guess most of the digits in the Social Security number of many Americans using publicly available information. Researchers Alessandro Acquisti and Ralph Grossy took advantage of a couple of practices of the Social Security Administration. Since its inception, there has been a pattern to the issuance of numbers. More

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A NARFE member asks about paying back refund for service credit
NARFE    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Question: I recently retired and thought I had paid back fully the principal and interest for an earlier period of service where I left the government and took a refund of my retirement contributions. However, when the Office of Personnel Management adjudicated my case, it indicated that I owed a little more. Since it is now a new year, will I have to pay interest on this amount? More

NARFE Legislative Training Conference speaker announced
NARFE    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Thomas M. Davis III, former member of Congress from Virginia's 11th District, will be a featured speaker at NARFE's 2011 Legislative Training Conference, March 5-8 at the Hyatt Regency Crystal City in Arlington, Va. Davis served two terms as chairman of the Government Reform Committee in the House of Representatives and will have many insights into the new 112th Congress. Additional speakers will be announced soon. Registration closes Feb. 8. More

NARFE National Headquarters is on Facebook
NARFE    Share    Share on FacebookTwitterShare on LinkedinE-mail article
"Like" us on Facebook today. Go to, then search for NARFE and click on NARFE National Headquarters.

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The National Active and Retired Federal Employees Association (NARFE) is the only organization dedicated solely to protecting and enhancing the health care and retirement benefits of federal employees and their survivors.

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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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