Federal employee retirement systems cumulatively face $5.7 trillion in unfunded liability

Title: The Worst Pension Gap

Article Snip: "...The Federal Employees Retirement System was created in 1986 to take the place of the old Civil Service Retirement System. Civilian federal employees hired prior to 1984 remained in the old system, while..."

Reference: www.governing.com
Federal employee retirement systems

Federal Health Care Tip

Title: Playing Russian roulette with your health plan

Article Snip: "...If you are a federal or postal worker who is close to retirement, thinking about taking a buyout, likely to be laid off or are involved in a shaky marriage, listen up: Your lifetime health insurance benefits may be in danger. ..."

Reference: www.federalnewsradio.com
Federal employees health care

Federal retirees to get 3.6 percent COLA increase

Title: Federal retirees to get COLA increase

Article Snip: "...an increase of 3.6 percent for most, following the announcement Wednesday of Consumer Price Index figures through September...."

Reference: www.washingtonpost.com
2012 COLA, Federal Retirees, Federal Retirement COLA,

2012 COLA for Social Security will be 3.6 percent

Title: Social Security benefits to rise 3.6 percent

Article Snip: "...Social Security retirement benefits for about 55 million people will go up by 3.6 percent next year, the first cost-of-living increase since 2009, the U.S. Social Security Administration said on Wednesday...."

Reference: www.reuters.com

2012 Social Security COLA

Title: Social Security: seniors to see COLA increase in 2012

Article Snip: "...The exact size of the COLA is yet to be determined, but it should be somewhere between ..."

Reference: www.csmonitor.com
2012 COLA amount,

Lawmaker wants to extend Federal worker retirement age

Title: Lawmaker urges end to early federal retirement

Article Snip: "...Federal workers, including members of Congress and congressional employees, would not be able to receive their pensions until age 62 under Duncan's proposal...."

Reference: www.govexec.com
Federeal Retirement

Eligibility for the special retirement supplement

Title: Supplement eligibility

Article Snip: "...Q: I am 57 with four years of military buyback and 18 years of uninterrupted federal service. I am confused about eligibility for the special retirement supplement...."

Reference: Federal Times
Social Security special retirement supplement (SRS)

More attacks on working class by GOP reps

Title: Lawmaker urges end to early federal retirement

Article Snip: "..."There are many thousands of federal employees who are retiring in their 50s and even in their late 40s," Rep. John Duncan Jr., R-Tenn., said in a letter last week to members of the congressional super committee...."

Reference: www.govexec.com
anti-working class

Federal Retiree COLA could be near 4 percent

Title: Federal retirees could receive COLA boost for first time since 2008

Article Snip: "...The COLA for federal retirees and Social Security and Supplemental Security Income recipients could be nearly 4 percent as of Dec. 1, based on the latest data from the Bureau of Labor Statistics...."

Reference: www.govexec.com
Federal Retiree COLA, 2012 COLA, Federal Employee COLA 2012, Dec. 2011 Federal COLA, 2011 Federal Retiree COLA,

GAO buyouts and early retirements

Title: Top federal watchdog faces budget cuts

Article Snip: "...agency is offering buyouts and early retirement offers to long-serving employees; 37 have accepted the offers, a spokesman said. The buyouts and early retirement were first offered before the budget debate began...."

Reference: www.washingtonpost.com
Federal Employee Buyouts, early retirement offers,

FERS Disability Retirement May Not Provide Adequate Benefits

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

Article Snip: "...illustrate how the Federal Employees Retirement System (FERS) works in providing disability benefits, and why the benefits provided may be inadequate...."

Reference: www.digitaljournal.com

Are Federal Employees next?

Issa's 'Postal Destruction' Bill Passes House Subcommittee

Title: Postal Bill Would Authorize Layoffs, Force Out Senior Employees First

Article Snip: "...employees who are eligible for retirement must be laid off before employees who are ineligible, and dictates that retirement-eligible employees with the longest service must be separated first. The new language also forbids the payment of severance pay to retirement-eligible employees. ..."

Reference: www.apwu.org
destruction of the American working class, Attacks on Federal Workers, Layoffs, retirement, Rep. Issa,

What should you ask yourself before retiring?

Title: 5 Questions to Ask Yourself About When You Can Retire

Article Snip: "...The "traditional" retirement age is 65. This has gone by the wayside to some extent in that the age to receive full Social Security benefits continues to increase...."

Reference: usnews.com

What is the "traditional" retirement age?, Social Security Benefits,

Deficit plan would bang Federal Workers and Federal Retirement fiercely

Title: Deficit reduction pain for federal employees could be worse, some say

Article Snip: "...the version of the fiscal 2012 budget resolution the House passed included a recommendation that would require federal employees to pay for half the defined benefit they receive with their pensions at retirement...."

Reference: GovernmentExecutive.com
Deficit reduction, Federal Budget, federal worker pension plan, Federal Employee Retirement, Federal Worker Retirement,

Rick Perry no friend to Social Security

Title: Obama's proposal to trim back military benefits draws fire

Article Snip: "..."The real issue is, in writing his book, Gov. Perry pointed out that in his view that Social Security is unconstitutional, that this is not something the federal government ought to be involved in, that instead it should be given back to the states."..."

Reference: hamptonroads.com

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