Saturday, October 31, 2009

National health reform bills would exempt Hawaii

Title: National health reform bills would exempt Hawaii
Article Snip: "...protecting the state's 35-year-old Prepaid Healthcare Act, which has led to one of the lowest uninsured rates in the country and low premiums for workers...."
Reference: www.starbulletin.com

Thursday, October 29, 2009

18,000 sign up for Postal Service buyouts

Title: 18,000 sign up for Postal Service buyouts
Article Snip: "... Employees will receive the incentive in two payments: $10,000 by Dec. 31 and $5,000 beginning Oct. 1, 2010.
The Postal Service has made four previous rounds of early retirement offers...
"
Reference: www.federaltimes.com

Monday, October 26, 2009

Retirement Tips For Seniors On Fixed Incomes

Title: Tips For Seniors On Fixed Incomes
Article Snip: "...Those who may or may not have lost some retirement savings in the faltering economy should consider the following tips for living on a fixed income. ..."
Reference: www.thevindicator.com
Retirement Tips

Sunday, October 25, 2009

Special Extra Earnings for Military Service applied to Social Security

Title: Special Extra Earnings for Military Service applied to Social Security
Article Snip: "...Under certain circumstances, special extra earnings for your military service from 1957 through 2001 can be credited to your record for Social Security purposes. These extra earnings credits may help you qualify for Social Security or increase the amount of your Social Security benefit. Special extra earnings credits are granted for periods..."
Reference: www.ssa.gov
Retirement Tips

Saturday, October 24, 2009

Thursday, October 22, 2009

OPM Director, Federal Officials and Athletes to Launch Wellness Campaign for Federal Workers

Title: OPM Director, Federal Officials and Athletes to Launch Wellness Campaign for Federal Workers
Article Snip: "...U.S. Office of Personnel Management Director John Berry will promote the Feds Get Fit wellness awareness campaign for Federal employees with a noontime rally on the National Mall on Tuesday, October 27. ..."
Reference: www.opm.gov

Wednesday, October 21, 2009

$250 Economic Recovery Payment to the seniors, veterans and people with disabilities

Title: $250 Economic Recovery Payment to the seniors, veterans and people with disabilities
Article Snip: "...The benefit would be $250 – or equivalent to a 2 percent increase in benefits for the average Social Security retiree beneficiary. Under the rules no person could "double dip" and receive a $250 Economic Recovery Payment through more than one program. Nor could they receive both an Economic Recovery Payment and the Making Work Pay tax credit...."
Reference: www.whitehouse.gov

Federal Retirement Calculator

Title: Federal Retirement Calculator
Article Snip: "...You Can Use this Calculator to:

* Calculate the basic annuity for employees in the FERS, CSRS, or CSRS-offset retirement system, including credit for sick leave if applicable.
* Confirm retirement eligibility. The calculator lets you know whether you are eligible to retire on the date you want, and what sort of restrictions (if any) apply.
* Calculate survivor benefits. ...
"
Reference: usgs.gov

Monday, October 19, 2009

Federal Employee Health Care Premiums to Rise Sharply

Title: What OPM isn’t doing to contain health rates
Article Snip: "...Office of Personnel Management announced last month that health care premiums for federal employees and retirees were jumping 7.4 percent on average..."
Reference: www.federaltimes.com

Thursday, October 15, 2009

It's Official: No Social Security Increase

Title: It's Official: No Social Security Increase
Article Snip: "...Social Security Benefits Won't Increase, Spelling Trouble for Older Americans With High Health Care Costs..."
Reference: abcnews.go.com

Thursday, October 8, 2009

Senate-House bill includes retirement equity for Hawaii federal workers

Title: Senate-House bill includes retirement equity for Hawaii federal workers
Article Snip: "...National Defense Authorization Act for Fiscal Year 2010 (NDAA) released Wednesday contains Federal workforce provisions, including the Non-Foreign Area Retirement Equity Assurance Act (S. 507), which would provide fairness in retirement pay for the roughly 50,000 federal workers in Hawaii, Alaska, and the Territories. ..."
Reference: www.hawaii247.org

Sunday, October 4, 2009

Special Extra Earnings for Military Service

Title: Special Extra Earnings for Military Service
Article Snip: "...Since 1957, if you had military service earnings for active duty (including active duty for training), you paid Social Security taxes on those earnings. Since 1988, inactive duty service in the Armed Forces reserves (such as weekend drills) has also been covered by Social Security.

Under certain circumstances, special extra earnings for your military service from 1957 through 2001 can be credited to your record for Social Security purposes. These extra earnings credits may help you qualify for Social Security or increase the amount of your Social Security benefit. ...
"
Reference: www.ssa.gov