...providing retirement news snippets from various sources for federal employees, postal employees, seniors, veterans, and people with disabilities who receive Social Security . Your resource for retirement living, investment, employment, health care, and retirement leisure. - Stay Informed!
Title: Social Security: What Is At Stake? Why Now?
Article Snip: "...For the second time in little over a year, the Obama Administration has made a preemptive offer to change the formula for adjusting Social Security's Cost of Living Adjustment formula (COLAs) as part of a "Grand Bargain...."
Reference: www.huffingtonpost.comTitle: Social Security and Medicare trim would squeeze retirees
Article Snip: "...Republican leaders have made clear that their price for swallowing higher tax rates for wealthy Americans is an agreement by President Barack Obama and fellow Democrats to scale back the growth of Medicare and Social Security, which serve more than 3.5 million recipients in Florida...."
Reference: sun-sentinel.comTitle: Pelosi Takes Hardest Line Against Raising Medicare Eligibility Age
Article Snip: "...“As I have said, don’t even think about raising Medicare age,” Pelosi said. “We are not throwing America’s seniors over the cliff to give a tax cuts to the wealthiest people in America.”..."
Reference: talkingpointsmemo.comTitle: Federal worker Q&A guide to the fiscal cliff: Ten answers on jobs, cuts and more
Article Snip: "...Early retirement offers allow employees to retire at any age with 25 years of service, or with at least 20 years of service at age 50 or above. That’s earlier than under standard federal retirement eligibility combinations. In some circumstances, retirement benefits are reduced, which discourages employees from taking such offers...."
Reference: www.washingtonpost.comTitle: OPM anticipates wave of federal retirement claims in January
Article Snip: "...an anticipated wave of applications — 21,000 — in January, typically a popular time for federal employees to retire...."
Reference: www.bizjournals.comTitle: Which is better, a federal retiree plan or Medicare Part B?
Article Snip: "...I could sign up for Medicare Part B but I’m not sure I need it because my husband is a retired federal employee and we plan on maintaining his FEHB Blue Cross-Blue Shield coverage. On the other hand, our friends say that Part B helps with out-of -pocket expenses. Which is a better choice for us?..."
Reference: consumerreports.orgUS aid paying Ukrainian pensions Snippet of Article: "...Joe Biden stated that funding in a Ukrainian aid package, and later app...