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Main Home Page   Members Home Page   Public Relations June. 14, 2011
Federal employees, retirees rattled by move to cut health benefits
Federal Times    Share    Share on FacebookTwitterShare on LinkedinE-mail article
A federal employees' organization fears that "the next shoe to drop" in budget-cutting measures could be a revived proposal to shift more health care costs to feds and retirees. The White House's deficit reduction commission, headed by former Sen. Alan Simpson and former White House chief of staff Erskine Bowles, last December proposed turning the Federal Employees Health Benefits Program into a premium support system. Under this plan, employees and retirees would receive a fixed subsidy to cover their health insurance premiums that would grow by no more than the gross domestic product, plus 1 percentage point, each year. Participants would cover the remaining premium cost if their plans cost more than the subsidies provide. More


Middle-income Americans cite soaring health care costs as top retirement concern
Healthcare Finance News    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Middle-income Americans nearing retirement are most concerned about rising health care costs during their retirement years, according to a study. The study, which surveyed 500 Americans between the ages of 47 and 65, found that 80 percent listed uncovered medical expenses as the top financial concern for retirement. More

Agency contributions to federal pension plans will rise in October    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The government will contribute more to the pension plans of federal employees, including lawmakers, in fiscal 2012, according to new figures published in the Federal Register. For most federal employees, the amount agencies will contribute to their pensions under the Federal Employees Retirement System will increase from 11.7 percent to 11.9 percent, beginning in fiscal 2012. More

OPM: Federal step salary increases should not be automatic
The Washington Post    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The Office of Personnel Management is reminding federal agencies that within-grade pay raises, often called step increases, must be based on an employee's performance and should not be automatic. In a June 8 memorandum to heads of executive departments and agencies, OPM Director John Berry said, "Law and regulations state that a GS [General Schedule] employee's performance must be at an acceptable level of competence, as determined by the head of an agency (or designee), before the agency may grant a within-grade increase to that employee." More

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Some heart disease screens may be unnecessary
The New York Times    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Heart disease remains the No. 1 cause of death in the United States, killing more than 800,000 people each year, and accounting for 1 in 3 of all deaths. It is no wonder, then, that screening for heart disease is a routine part of just about every physical exam given in this country. But as important as screening is, excessive and inappropriate testing can lead to "a cascade of unnecessary, costly and in some cases risky follow-up tests and treatment," said Dr. John Santa, director of the health ratings center at Consumer Reports Health. More

Finding an internship after 40
SecondAct    Share    Share on FacebookTwitterShare on LinkedinE-mail article
An internship offers an opportunity to gain experience in a new field of employment for a specified amount of time. While interns often work for minimal or no pay, the experience gained during an internship frequently leads to contacts and jobs in the new field. While internships traditionally have been for college students, more companies are considering older workers and career-changers for these opportunities. More

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Study: Many may need to work 'far beyond' 65
Financial Planning    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Baby boomers and Generation Xers who opt to work beyond 65 may not have enough cash on hand to pay for basic expenses and uninsured health care costs when they do eventually retire, according to a new research study. How a worker fares financially after retirement is directly tied to three factors: a worker's salary at retirement; how long a person works beyond age 65; and how much a worker pays into a defined-contribution retirement plan during their working lifetime. More

World's 10 most exotic wellness retreats via CNN    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Forget plain old spas, wellness is the buzzword now. Here are 10 of the best retreats that give you a medical overhaul while you sun, swim and scoff healthy gourmet fare. More

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Consumer Reports' best cars for fuel savings
Mother Nature Network via Forbes    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Although the Environmental Protection Agency assigns a fuel economy rating to all new vehicles, Consumer Reports magazine conducts its own independent testing. The magazine recently concluded testing on 2011 models and has released its list of the best and worst new cars for fuel economy. Consumer Reports looked beyond a car's fuel efficiency and also weighed each vehicle's test performance, reliability and safety records in making its best cars recommendations. More

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A NARFE member asks about the Federal Long Term Care Insurance Program Open Season
NARFE    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Question: Why is the Federal Long Term Care Insurance Program offering an Open Season now, and when does it end? More

We need you to help defend benefits
NARFE    Share    Share on FacebookTwitterShare on LinkedinE-mail article
NARFE has information available to help members defend the benefits of federal employees and retirees. This advocacy "toolkit" includes a "how-to" lesson on becoming an effective advocate on federal employee and retiree issues. It also contains fact sheets to use when you encounter misinformation about federal pay and benefits, a template to help you format a letter to the editor of your local newspaper, and much more. Build your case for defending the earned benefits of federal employees and retirees by using the NARFE advocacy toolkit. More

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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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 Van Audenhove, senior content editor, 469.420.2611   Contribute news
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