OPM: Retirement planning for the federal employee

Title: Planning for Retirement

Article Snip: "...It’s never too early to start planning for retirement in order to ensure it goes smoothly. Here you will find information to help ensure your retirement starts well. ..."

Reference: www.opm.gov
Retirement planning for the federal employee

2012 cola for federal retirees

Title: Retirement menu: Filet & cabernet or dog food & Dr. Pepper?

Article Snip: "...a 3-plus percent COLA for retired feds is likely in 2012. Also, a growing number of agencies are offering buyouts...."

Reference: www.federalnewsradio.com
Federal Employee COLA 2012, 2012 Retired Federal Worker COLA,

Social Security COLA update

Title: Proposal Would Cut Raises For Retirees

Article Snip: "...result in lower cost-of-living adjustments (COLAs) for Social Security beneficiaries,” says the report, which adds: “Moving to a chained index should be viewed as a cut in benefits.”..."

Reference: smartmoney.com
cost-of-living adjustment (COLA), chained index,

Army Material Command offers buyouts

Title: Buyouts beginning at Army

Article Snip: "...The Army Materiel Command today said it is offering $25,000 buyouts to 33 civilian employees in its headquarters to help it meet its mandated cuts of at least 1,223 civilian positions. ..."

Reference: federaltimes.com
Federal Employee Buyouts, Federal Employee Early Retirement,

FERS Disability Benefits for Physicians

Title: FERS Disability Retirement Benefits for Federal Government Physicians May Not Fully Protect Against Loss of Income

Article Snip: "...Summary of Summary of FERS Disability Benefits for Physicians:
When a government physician suffers a total disability and meets the eligibility requirements set forth by FERS, that individual may be eligible to receive a taxable benefit equal to 60% income replacement during the first 12-months of disability and 40% for all subsequent years (until early retirement age)...."

Reference: www.digitaljournal.com
FERS Disability Benefits for Physicians

Fellows Program Accepting Applications

Title: Federal Government's Premier Fellows Program Accepting Applications

Article Snip: "...The Presidential Management Fellows Program (PMF), run by the U.S. Office of Personnel Management (OPM), attracts and selects the best candidates to develop a cadre of new government leaders, and can lead to a career in government...."

Reference: www.opm.gov
Fellows Program

Federal Employees fear retirement cuts

Title: Feds plan their exits: Interest surges in retirement seminars

Article Snip: "...Many federal employees nearing retirement view the high-five reform as a double whammy. First, it would reduce their pensions by factoring two lower salaries into their pension calculation. Second, a high-five average salary would be further tamped down by pay freezes in effect this year and next..."

Reference: www.federaltimes.com
Federal Employee Retirement,

Obama to protect much needed Social Security and Medicare

Title: Obama Plan Won't Include Changes to Social Security

Article Snip: "...President Barack Obama's new deficit-reduction proposal will leave out changes to Social Security, and may exclude any increase in the Medicare eligibility age, people familiar with the discussions said Wednesday...."

Reference: wsj.com
Social Security, Medicare,

Changes in Medicare and Social Security programs on the way?

Title: A Bipartisan Move to Tackle Benefits Programs

Article Snip: "...would support slowly increasing the eligibility age for Medicare to 67 from 65 and changing the formula for cost-of-living increases in Social Security to a less generous one that some economists consider more accurate. ..."

Reference:
Social Security, Medicare,

2012 Federal Employee COLA Update

Title: Retiree COLA Roller Coaster: Going Up

Article Snip: "...government retirees are cautiously looking forward to a cost of living adjustment of around 3.3 percent in their January checks. That COLA, if it holds up, would be the first inflation-catchup federal, ..."

Reference: www.federalnewsradio.com
2012 COLA, Federal Retirement COLA, Federal Employee COLA 2012,

Chained CPI may harm seniors

Title: Changes To Inflation Formula Will Clip Social Security Benefits, Study Says

Article Snip: "...the new inflation measure may not deliver to seniors the income protection they need in retirement, especially on the costs of health care...."

Reference: bnet.com
COLA 2012

Federal default would hurt...

Title: Federal default would hurt county
Article Snip: "...roughly 14,000 federal retirees the National Federation of Federal Employees said live in the county. In all, active federal workers and retirees bring..."
Reference: www.hometownannapolis.com

federal employee organizations want debt ceiling concerns answered

Title: Administration ducks employees’ default questions
Article Snip: "...How will the assets of the Civil Service Retirement and Disability Fund and the G-Fund of the Federal Employees’ Retirement System be impacted..."
Reference: www.washingtonpost.com

Medicare cuts and and costs increase

Title: Crowley reports on Medicare plan cuts
Article Snip: "...According to Crowley’s report, costs for an average Medicare beneficiary would increase by $520 in the 2012 federal fiscal year (from October 1, 2011 to September 30, 2012)...."
Reference: www.queenscourier.com
Medicare cuts,

AARP recognizes benefit cuts in Social Security may be unavoidable

Title: For AARP, A 'Monumental' Shift On Social Security?
Article Snip: "...AARP recognizes benefit cuts in Social Security may be unavoidable in the future. But it wasn't something the organization wanted to see highlighted on the front page of a major newspaper...."
Reference:
AARP

Bachmann for President ...if you don't mind more attacks on Social Security and Medicare

Title: Bachmann formally announces presidential bid in Waterloo, Iowa
Article Snip: "...hypocrisy and shameless self-promotion. Her support for ending Medicare and 'weaning' people off Social Security is proof enough that Michele Bachmann would be a terrible President,” said Martin..."
Reference: hometownsource.com

3.5% Federal Retiree COLA for Jan. 2012?

Title: Retirees Eye 3.5 Percent Raise!
Article Snip: "...federal, military and Social Security retirees are looking at a possible January cost of living adjustment of 3.5 percent..."
Reference: www.federalnewsradio.com
2012 COLA, Federal Retiree COLA

Federal Employee Retirement Now On The Line

Title: Federal Workers Facing More Cuts
Article Snip: "...In March, Senate Republicans Richard Burr and Tom Coburn introduced legislation that would entirely eliminate pensions for government employees. They would still collect Social Security and hold 401k-style accounts.

The White House is unlikely to back such an aggressive plan..."
Reference: www.kctv5.com
FERS, Federal Retirement,

OPM Retirement Processing Backlog

Title: About That OPM Retirement Processing Backlog
Article Snip: "...The Office of Personnel Management is making progress on reducing the backlog in finalizing retirement applications. The time it takes to process a retirement action has improved by roughly..."
Reference: www.fedsmith.com
OPM Retirement Processing

Voters Angry Over Attempts to 'Dismantle Medicare'

Title: House G.O.P. Members Face Voter Anger Over Budget
Article Snip: "...In central Florida, a Congressional town meeting erupted into near chaos on Tuesday as attendees accused a Republican lawmaker of trying to dismantle Medicare while providing tax cuts to corporations and affluent Americans. ..."
Reference: www.nytimes.com
Dismantle Medicare