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Text Version   RSS   Subscribe   Unsubscribe   Archive   Media Kit January 13, 2015




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NEWS FROM NARFE

NARFE supports fair federal employee pay raise
NARFE
Rep. Gerald E. Connolly, D-Va., and Sen. Brian Schatz, D-Hawaii, today introduced the Federal Adjustment of Income Rates Act, which would provide federal employees with a 3.8 percent pay raise in 2016. Richard G. Thissen, president of the National Active and Retired Federal Employees Association, endorsed the proposal on behalf of the five million federal employees, retirees and their survivors represented by NARFE. Read the entire press release here.
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Session dates for state legislatures
NARFE
Most state legislatures will be coming into session in the early part of this year. Many have only brief sessions but may consider policies impacting current and future federal retirees. Thirty-five NARFE federations have appointed a State Legislative Chair, and 418 chapters have a State Legislative Officer. Information about state legislatures is more available than ever. Governors will address their citizens in annual state of the state speeches. If covered by local television, these speeches are simulcast and archived by C-SPAN. Other sources of information about state legislatures include private sources such as GovTrack.us and Stateside Associates and groups such as the National Conference of State Legislatures, the National Governors Association, the Council of State Governments and the legislature itself. THOMAS, the database of the Library of Congress, provides a gateway to state and territorial legislatures. Last, but not least, NARFE's Legislative Action Center has an “Elections & Candidates” module that allows any user to insert a street address and ZIP code and find the general election candidates and outcomes of congressional, statewide and legislative races in 2014.
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FEDERAL BENEFITS QUESTION OF THE WEEK


Thrift Savings Plan
NARFE
Question: I soon will be age 55 and plan to retire a few months later under the Civil Service Retirement System. I would like to keep my Thrift Savings Plan account in place or roll it over into an IRA or something similar, then start drawing some type of annuity payments starting five to 10 years after I retire. What would be the best plan for handling the TSP funds at the time of my retirement?
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FEDERAL UPDATE


OPM retirement backlog smallest in more than a year
Federal News Radio
The retirement claims backlog dipped to its lowest level in more than a year, according to new figures by the Office of Personnel Management. After processing 6,447 claims in December, OPM ended 2014 with 11,669 unprocessed claims in its inventory.
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OPM disables Web portal after retirees' information potentially exposed
Federal News Radio
The Office of Personnel Management disabled a Web portal used by federal retirees Monday to address a security glitch that may have left some retirees' information accessible to other individuals visiting the portal. "This morning, OPM became aware of a technical malfunction impacting online services for Federal retirees," an OPM spokesperson told Federal News Radio.
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SPONSORED CONTENT


Bill reintroduced to open FEHBP to all Americans
FedSmith.com
Rep. Darrell Issa, R-Calif., has reintroduced legislation that would repeal "Obamacare" and open the Federal Employees Health Benefits Program up to all Americans. H.R. 138 is being reintroduced after its predecessors failed to move forward in past Congresses.
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Federal agencies shed nearly 20,000 jobs in 2014
Government Executive
Despite minimal job loss to round out the year, federal agencies shed a net of 19,000 positions in 2014, according to the latest figures from the Bureau of Labor Statistics. The federal government, excluding the U.S. Postal Service, employed 900 fewer people in December than November, while USPS added 1,800 jobs in the month.
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Fairness of federal hiring threatened
The Washington Post
The federal hiring process, often a headache for those seeking a spot on Uncle Sam's staff, remained a maze even after the Obama administration implemented reforms almost five years ago. Now, a new Merit Systems Protection Board study says the complex matrix of ways people get hired — or not — into the federal service can undermine confidence in a hiring process that should invite the very best.
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FINANCES


3 life insurance benefits you did not know about
Credit.com
We all know life insurance can help provide financial security for your beneficiaries when you pass on, but death benefits are not the only thing these policies can provide. A properly designed life insurance policy can complement funding your own needs or reaching your savings goals as well.
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HEALTH


How breaking your hip increases your death risk
A Place for Mom
As a recent National Public Radio article highlighted, breaking a hip can lead to a range of other frightening health complications for older adults, including the fear of future falls and significant loss of independence. It's the physical dangers that are the most shocking, though. Although hip fracture rates have been declining in America, falls are still the leading cause of injuries in older adults, reports the Centers for Disease Control and Prevention.
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SECOND CAREERS


5 second-act careers to sail through retirement
Forbes
A book by Forbes contributor Nancy Collamer, a career coach based in Old Greenwich, Connecticut, offers hope to those who are burned out and bored in midcareer. It's possible to switch gears in midlife and to start a new venture that brings rewards, both financial and emotional, she writes. The book, "Second-Act Careers: 50+ Ways to Profit From Your Passions During Semi-Retirement," offers more than 50 different career pointers for the semiretired worker who might want to become anything from an adult education instructor to an executive recruiter to a mediator to a franchisee.
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TRAVEL


U.S. State Department issues worldwide caution for travelers
WIFR-TV
The U.S. State Department is warning Americans to be extra vigilant when leaving the country in the wake of the terrorist attacks in France and other countries. Travel is still being allowed to France and other foreign countries, but the FBI and the State Department want travelers to be more aware of their surroundings when leaving the United States.
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CONSUMER TIPS


Best New Year's resolution: Beware of health scams
Detroit Free Press
An avid exerciser and former handball player, Alex Cooper, 59, of Huntington Woods, Michigan, has belonged to numerous gyms over the years, including a local YMCA, a Jewish Community Center and a racquet club. But the current Lifetime Fitness member still recalls one gym where canceling his membership was as painful as 100 squats.
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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. Join now.

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



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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
Bianca Gibson, Executive Editor, 469.420.2611   Contribute news
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