Talk to your senator this week
The Senate is in recess this week. NARFE suggests members take this opportunity to visit their senators, either at town hall or face-to-face meetings. Members should use the updated legislative information in the "Protect America's Heartbeat Toolkit" to get information helpful for such meetings. The Toolkit is a valuable resource to help NARFE members combat the negative image and misconceptions about federal employees and retirees. To access the Toolkit, click here.
Applying for workers' compensation after retirement
Question: I retired in June 2008 and am now experiencing what I believe is tinnitus. Can I make a post-retirement claim for hearing problems? More
CBO: Phased retirement for federal employees a cost-saver
The Washington Post Share
Allowing federal employees to phase into retirement by working part time while collecting a partial annuity would reduce the government's costs and increase its income, according to an analysis that could boost the plan's prospects. The Congressional Budget Office estimated that the plan would reduce spending by $427 million over 10 years because the government would be paying less than the full annuities that the employees have accumulated. Meanwhile, because phased retirees would continue to pay into the federal retirement fund from their salaries, revenues would rise by $24 million over that time, CBO said. More
USPS offers buyouts to 45,000 employees
Federal Times Share
The U.S. Postal Service is offering $15,000 buyouts to virtually all of its 45,000 career mail handlers, a spokesman recently said. The buyouts will be payable in two $7,500 installments — one in December and another in December 2013. With a few exceptions, all career employees covered by the Postal Service's national agreement with the National Postal Mail Handlers Union are eligible, according to a bulletin on a Postal Service website. More
Should you purchase long-term care insurance?
The Wall Street Journal Share
Long-term care insurance is a subject most people don't want to think about — but many people know they need to. Buying a long-term care insurance policy can be a way of making sure your future physical needs will be met. Critics, however, say insurers are using scare tactics to sell their products, which come with a hefty price. More
More evidence links calcium supplements to heart attacks
Calcium supplements, widely taken by older people to prevent bone fractures, may be doing more harm than good, a large new study suggests. Researchers tracked nearly 25,000 European adults for 11 years and found that people who reported regularly taking calcium supplements were more than twice as likely to have a heart attack as those who didn't use any supplements. More
10 things your family can do this summer for under $100
Investopedia via Yahoo Finance Share
Summer is fast approaching and with it comes a season filled with vacations, outdoor activities and get-togethers with friends and family. Many people look forward to the warm summer months; but for cash-strapped families, a tight budget can easily put a damper on warm weather fun. Summer activities with your family don't have to be expensive to be fun and memorable. Here is a look at 10 things your family can do together for just $100. More
11 questions to ask before accepting a job offer
By now, job seekers hopefully know the two cardinal rules of interview questions: 1. When the interviewer asks if you have any questions, you'd better have something to ask. 2. You should walk into the interview room prepared to answer the classic questions, such as, "What is your biggest weakness?" or "Where do you see yourself in five years?" But there's an often overlooked rule that you should remember for your own good. More
Postponing retirement: Record number of Americans choosing to stay at work
The Huffington Post Share
Baby boomers have challenged notions of middle age — now they're redefining traditional retirement, too. Or should we say, postponing it entirely. The percentage of Americans over age 65 who are still in the workforce is at a record high, according to the Labor Department. Separately, a recent Gallup survey found the average working American expects to retire at age 67 — up from age 60 in the mid-1990s. More
Cut travel costs with free gas
Travelers may find it easier to budget for summer road trips this year: Not only are gas prices falling, but many hotels are offering to fill up the tank. Hotels also often offer free gas cards with a few nights' stay when gas prices are on the rise. Many properties put their latest deals in place this spring when the national average for a gallon of regular unleaded was hovering close to $4 — and more drivers were pledging to stay home. More
Personal finance experts debate whether carrying plastic is worth it
Business Insider Share
Consumers have been asking whether they really need to carry a credit card. It seems just as easy to get by on cash, and all the identity theft and shady lender practices making headlines aren't reassuring. Also, the outcry against big banks and practices like debit card fees and swipe fees put off consumers who felt taken advantage of. More
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