Pension backlog dwindles despite retirement surge
Federal Times Share
The Office of Personnel Management's effort to fix its long-standing pension processing backlog is progressing faster than expected — even though many more feds have been retiring than expected. Ken Zawodny, OPM's associate director of retirement services, said the improving numbers show the strategy the agency adopted in January is succeeding. More
Roth TSP rollout delayed for DoD, other agencies
Federal News Radio Share
The Roth option for the Thrift Savings Plan, which was announced the week of April 9, will be delayed for employees in the Defense Department and other agencies. The Federal Retirement Thrift Investment Board recently announced that the Roth option, which taxes retirement contributions before they are put into savings rather than when they are withdrawn, would be available May 7. More
Issa requests conference list from all agencies
Federal News Radio Share
In the wake of the conference scandal at the General Services Administration, Rep. Darrell Issa, R-Calif., has expanded the Oversight and Government Reform Committee's probe into wasteful spending to all government agencies. In letters to the heads of 23 departments and agencies, Issa asked for conference records for the last seven years. In a letter addressed to Attorney General Eric Holder, Issa requested a list of all overnight conferences funded by the department and attended by more than 50 employees since Jan. 1, 2005. More
Estate planning: 16 things to do before you die
While many of us like to think that we're immortal, the old joke is that only two things in life are for sure: death and taxes. Not only is it important that you have a plan in place in the unlikely event of your death, but you must also implement your plan and make sure others know about it and understand your wishes. More
Forgetfulness — 7 types of normal memory problems
Harvard Health Publications Share
It's normal to forget things from time to time, and it's normal to become somewhat more forgetful as you age. But how much forgetfulness is too much? How can you tell whether your memory lapses are within the scope of normal aging or are a symptom of something more serious? More
Study: Grandparents play important role in families
The Huffington Post Share
A new study by the AARP finds 90 percent of grandparents feel they are an important part of their grandchildren's lives. Many provide support with education and medical expenses, child care and more. Check out this slideshow for the survey's findings on the contributions of grandparents in the U.S. More
Will a lack of references cost you a job offer?
Employers do check references, so declining to provide any is not really an option. Here's how to manage this essential element of a job hunt. More
Survey: Debt affecting many workers' retirement savings
MoneyRates.com via Fox Business Share
More than half of U.S. workers are consistently carrying balances on credit cards and are worried about not having enough in savings to pay for unexpected expenses, according to the PwC 2012 Financial Wellness Survey. The survey indicated that a third of workers are not currently saving for retirement and more than half expect to delay their retirement. With the first of the baby boomer generation now entering retirement, these results highlight a need for workers to quickly reassess their expenses, savings rates and retirement strategy if they are to enjoy their golden years in comfort. More
New Harris EquiTrend poll names top travel brands for 2012
Travel Pulse Share
Southwest Airlines, Alaska/Horizon Airlines, Enterprise Rent-A-Car, Kayak.com, Royal Caribbean Cruises, Marriott and Disney are the top travel brands, according to the 2012 Harris Poll EquiTrend survey, a major brand equity study released annually by Harris Interactive, a leading market research firm. "Consumers are savvy, and before they buy, want to feel 'linked and connected' to the brands they're purchasing," said Joan Sinopoli, senior vice president of the Brand and Communications Consulting group at Harris Interactive. More
Research online daily deals
The Wall Street Journal Share
Online daily deals are everywhere nowadays — with discounts on anything from ice cream to hot-air ballooning. But it's important to know exactly what you are getting for that too-good-to-pass-up price, what the exclusions are (there usually are some) and when it may be cheaper to just buy direct from the merchant. More
How will I fund my Roth TSP account?
Question: We soon will be able to establish Roth accounts within our Thrift Savings Plan. How do I get Roth money into my TSP account? More
NARFE photo contest opens
NARFE is now accepting photos in its annual Photo Calendar Contest. The photos will be used for the 2014 NARFE Calendar. Photos must be 8" x 10" or 8 ½" x 11" horizontal in format. Photographers may submit up to five photos and must include their name, address, chapter number, and phone number or email address on the back of each photo. Professional photographers are not eligible to enter. Send your photos to NARFE Headquarters, Public Relations Department, 606 N. Washington St., Alexandria, VA 22314. Deadline is Feb. 15, 2013. For further information, contact the NARFE Public Relations Department, 703-838-7760, ext. 268; or email firstname.lastname@example.org.
Are you a member of NARFE? If not, join today!
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.
Please forward this edition of NewsWatch to friends and colleagues who might be interested in its content.