...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!
Is 2022 a good time to retire?
Article Snip: "US Falls to 18th Place in Global Retirement Ranking...Americans are losing ground against residents of other countries in what’s shaping up globally to be “one of the worst years to retire in recent memory,” according to a new retirement ranking. ..."
Reference: www.bloomberg.comTitle: New Jersey and New York are the worst states to retire in, according to a new report
Article Snip: "A new report from WalletHub seeks to scientifically calculate and rank the best and worst states to retire in. Coming in dead last? New Jersey. If you find yourself laughing at your Garden State neighbors from the other side of the Hudson, you may want to save your Schadenfreude – New York ranked just a hair better for retirees. ...Florida is America's best state to retire in."
Reference: www.usatoday.comFrom the article: "...Following the final fairness hearing, prospective participants will still have until Dec. 23 to join the lawsuit, after which the validity of each claim will be assessed. Assuming there are no appeals, payouts to claimants are expected to take place in the first or second quarter of next year. Under terms of the settlement, each claimant is entitled to a minimum of $700 per claim, up to a maximum of $10,000 per claim. ...Following the breach, OPM contracted with credit monitoring company ID Experts to provide monitoring services to victims of the breach. ...For more information on the settlement or the claims process, please visit www.opmdatabreach.com, which is the website was established consistent with the terms of the settlement agreement. "
Title: Federal employee health-care premiums to rise 8.7 percent on average
Article Snip: "...Premiums in the health-care program for federal employees and retirees will increase by 8.7 percent on average for 2023 — the largest increase in more than a decade, the government announced Friday. That change in Federal Employees Health Benefits Program premiums is significantly larger ..."
Reference: www.washingtonpost.comTitle: How will changing federal agencies affect my retirement?
Article Snip: "...The following is a question submitted by a Federal Times readers about retirement and other issues facing the federal workforce. It is answered by Reg Jones, a charter member of the senior executive service and a Federal Times columnist since 1995. Question: My situation is that I have 32 plus years federal civilian service, approximately 10 with DoD and the remainder with DOI. My plan is to retire..."
Reference: www.federaltimes.comTitle: Study examines brain structure that may help 'super-agers' stay sharp
Article Snip: "...Researchers have discovered another clue as to how some older people stay sharp as a tack into their 80s and beyond: Their brain cells are really big. The study focused on what scientists have dubbed "super-agers" -- a select group of elderly adults who have the memory skills of people decades younger. ..."
Reference: www.upi.comUS aid paying Ukrainian pensions Snippet of Article: "...Joe Biden stated that funding in a Ukrainian aid package, and later app...