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Main Home Page   Members Home Page   Public Relations Aug. 16, 2011

Budget chaos reigns: 2012, 2013 plans in disarray in wake of debt deal
Federal Times    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Federal financial managers are accustomed to dealing with budget challenges. But rarely have they faced the combination of challenges now heading their way. Congress has not passed any of the dozen spending bills that keep the government operating, and the Office of Management and Budget has not issued guidance to agencies on preparing their 2013 budget submissions. More

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Postal Service proposes cutting 120,000 jobs, pulling out of health care plan
The Washington Post    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The financially strapped U.S. Postal Service is proposing to cut its workforce by 20 percent and to withdraw from the federal health and retirement plans because it believes it could provide benefits at a lower cost. In a notice informing employees of its proposals — with the headline "Financial crisis calls for significant actions" — the Postal Service said, "We will be insolvent next month due to significant declines in mail volume and retiree health benefit pre-funding costs imposed by Congress." More

GAO offers buyouts, early retirement
Federal Times    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The Government Accountability Office wants to offer employees early retirements and buyouts to prepare for anticipated budget cuts in 2012. GAO said it has asked the Office of Personnel Management for permission to offer the buyouts and early retirements, and the offers are conditional on OPM's approval. But GAO is already accepting applications and said the deadline to apply is Sept. 6. More

Federal workers swallowed big hike in insurance premiums
The Washington Post    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Almost half of federal workers enrolled in the long-term care insurance program offered by the government swallowed a 25 percent hike in premiums that blindsided them two years ago, a new audit says. The watchdog arm of Congress noted that insurance carriers throughout the country have raised long-term care premiums because of less-than-stellar profits and an aging population. Just a handful of carriers offer policies in a market that is still relatively new. More

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Over 2 million low-income seniors may be missing big savings on drugs
Senior Journal    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Some senior citizens and others in Medicare could qualify for assistance with their prescription drug costs, and be eligible this year to pay no more than $2.50 each for generic drugs and $6.30 for each brand name drug. The Centers for Medicare & Medicaid Services estimates that more than 2 million people may be eligible for the subsidy but are not currently enrolled. More

Clear communication plays crucial role in health of seniors
The News-Press    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Communication with physicians and health care providers is very important for overall health and wellness. This is especially true for older people who are likely experiencing changes in their physical health as a result of aging. As people face these changes in their physical health, doctors' appointments may flood their daily calendars. If you are facing this situation, you may wonder how you can effectively coordinate all those medical appointments as well as the information you are given about how to manage your health and illnesses. More

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Too cute to fail: Grandparents bailing out their grandchildren
Time    Share    Share on FacebookTwitterShare on LinkedinE-mail article
When times get tough, big banks and auto companies have the government to bail them out. Kids have their grandparents. One in four grandparents stepped up their financial support of grandchildren during the recession, a survey found. And not all of them could afford it. That's love, and here's what it looks like in cold hard cash: Two in three grandparents gave money to their grandchildren in the past five years. More

5 job-search habits to break
U.S. News & World Report    Share    Share on FacebookTwitterShare on LinkedinE-mail article
If you're feeling frustrated in your job search, it's easy to blame it on the poor job market or the fact that employers are inundated with rèsumès. But if you really take a look at how you're job searching, you might realize you can make certain changes to yield better results. More

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Biggest boomer towns
Forbes    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The boomer generation, spawned in the aftermath of the Second World War, will continue to shape the American landscape well into the 21st century. They may be getting older, but these folks are still maintaining their power. Those born in the first 10 years of the boomer generation will continue to influence communities and real estate markets across the country, especially as they contemplate retirement and life after kids. More

Dust settles, airlines finish fare roll-backs
The Associated Press via Foster's Daily Democrat    Share    Share on FacebookTwitterShare on LinkedinE-mail article
After more jockeying, all major U.S. airlines rolled back fares to about the same prices they were charging before federal ticket taxes expired. US Airways said it also reduced fares, joining Southwest, AirTran, Delta, American, JetBlue, United, Continental and Frontier. The airlines gave up fare increases of more than 7.5 percent that they had rushed to enact after federal excise taxes on tickets expired July 23. More

How to avoid impulse purchases
The Bellingham Herald    Share    Share on FacebookTwitterShare on LinkedinE-mail article
In today's world of digital coupons and deep discount sales, it can be very difficult to avoid overspending. Sites like Groupon, Living Social and promote the group spending mentality, making the justification of an unneeded purchase even easier. To avoid making purchases that you might regret, follow these easy tips, and you won't have buyer's remorse. More

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A NARFE member asks about rejoining the federal government after taking a buyout
NARFE    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Question: I retired three years ago and took the Voluntary Separation Incentive Pay (VSIP) of $25,000. I am considering returning to work as a re-employed annuitant. What happens with the $25,000 buyout? More

NARFE asks members to send 'Super Committee' letter
NARFE    Share    Share on FacebookTwitterShare on LinkedinE-mail
With members of the so-called congressional "Super Committee" preparing to consider how to further reduce the federal deficit, it is important for NARFE members to speak up. In its most recent Legislative Hotline message, NARFE notes: "The Super Committee will be taking cues from their colleagues as they begin to make critical decisions about the direction of our country." NARFE has put a new Super Committee letter on the website for its "Protect America's Heartbeat" advocacy and communications campaign. The Association is urging NARFE members to visit the website and send the letter to their congressional delegation. 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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