OPM announces steps to get full pensions to new retirees sooner
The Office of Personnel Management recently said it will increase interim pensions for many new retirees to nearly the full amount they are owed. Bill Zielinski, OPM's associate director of retirement services, said that, by mid-June, the agency will use the initial pension estimates set by the employing agencies to determine most retirees' interim annuities. The problem of incomplete annuity payments has plagued OPM for years and angered tens of thousands of federal retirees. More
Long-term care for you and your tax forms
Tax day has come and gone. Federal News Radio's Amy Morris put the number one question of spring cleaners to Arthur Stein, certified financial planner with SPC Financial in Rockville, Md.: "What can I shred? I'm sick of the piles in the living room." And then it's a question of which documents to keep other than tax records. More
Cuts to Recognition Week a knife to the heart
The Washington Post Share
As if the five-year pay freeze for federal workers and the retirement cutbacks included in the House budget resolution weren't enough, Congress provided a symbolic but telling blow to them by taking a hit at Public Service Recognition Week, of all things. The events for May 1-7 were to include displays on the National Mall through which federal agencies would educate the public about their activities. With $150,000 in federal funds footing part of the cost, it's been a cheap event, as Washington doings go. Nonetheless, it was excluded in the deal that resulted in the long-awaited passage of the 2011 budget. More
OPM issues guidance on telework
All federal agencies must establish a telework policy and notify employees of their eligibility to participate in the benefit by June 7, according to new guidance from the Office of Personnel Management. OPM's guidance spells out agencies' responsibilities in fulfilling the 2010 law and defines telework. Training for teleworkers is a key component of the 2010 law, as OPM's guidance points out. More
4 kinds of exercise that help cancer patients
LiveScience via FoxNews.com Share
Adults should engage in at least 2.5 hours of moderate physical activity a week and in muscle-strengthening workouts two days of the week, according to the Centers for Disease Control and Prevention. Those recommendations are the same for cancer patients, but the way they go about exercising may be different, depending on the toll that the disease and treatment has taken on their bodies. More
Caregiving boomers find they need care themselves
The Kansas City Star Share
In every workplace, at any party, over any backyard fence, middle-aged people are sharing stories about caring for their aging parents. They're stressed. They're struggling to find help with medical and in-home care. They're watching their parents' life savings drain away. Yet many baby boomers who've suddenly become caregivers for their parents — and who know they'll be in the senior wave that doubles the area's elderly population — haven't been able to prepare for their own aging. More
Nonprofits are hiring: 3 things you need to know
Nonprofit jobs have a certain cachet with boomers looking for a career shift. If you're fortunate, an early retirement or a nice severance package has given you the flexibility to unsnap the velvet handcuffs and get to work doing something that really brings meaning to your life — and those whose lives you touch. More
Survey: 72 percent do not think a secure retirement is possible for middle class
Money Management Executive Share
Despite the recent improvements in the economy, Americans continue to grow more pessimistic about long-term retirement prospects, according to a recent survey. Seventy-two percent do not think it is possible for a middle-income family to save for a secure retirement, up from 70 percent who thought this last year and 63 percent in 2007. Further, 43 percent are not confident in their current retirement savings plans, and 43 percent have decreased the amount they are saving for their golden years. More
Government wants airlines to repay fees when luggage is lost
The government wants to tackle two of the biggest complaints about the air travel industry — poor service and the explosion of fees — at once. Major airlines, which collect $3.3 billion in bag fees each year, are opposed. The airlines charge $15 to $35 to check a bag, $20 to $45 to check a second, and more for the third and beyond. Most airlines won't provide a refund, even if it takes days to return a passenger's suitcase. They say the rule would raise prices for everyone. More
5 easy ways to save on groceries
Groceries represent a large part of the overall monthly budget for most families. According to the most recent U.S. Bureau of Labor Statistics data, the average family spends just under 13 percent of its budget on food costs. That number is expected to rise in the next year as the astronomical price increases in wheat and corn begin to show themselves at the grocery checkout. More
A NARFE member asks about long-term care insurance
Question: I am thinking that I may need long-term care insurance. My neighbor waited until he got sick to apply, and he wasn't approved. Do you think I should apply? More
NARFE supports postal carriers' food drive
NARFE is a proud supporter of the Stamp Out Hunger Food Drive, sponsored by the National Association of Letter Carriers and the National Rural Carriers Association. The nation's largest single-day food drive, this year's drive will take place May 14. In 2010, this NARFE-supported drive delivered 73.1 million pounds of nonperishable items donated by postal patrons to local food organizations. NARFE members are urged to collect and bag nonperishable food items and place the bag by your mailbox for your city or rural letter carrier on May 14.
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.
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