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| 2015 Retiree COLA Update |
Article Snip: "...when searching for the best place to retire from the Armed Forces, there are several economic, social, and health care factors for a veteran to take into account. WalletHub, a personal-finance network, this week released a survey ranking the states and the District of Columbia as places for military retirement..."Title: How Much is the Maximum Annuity Supplement?
Article Snip: "...The procedure for calculating the supplement is clearly spelled out in Chapter 51 of the CSRS & FERS Handbook. However, the explanation and instructions are 40+ pages in length. Summarized, you must..."
Reference: www.fedsmith.comTitle: You May Be Better Off Than You Think
Article Snip: "...Under FERS, 40 years of service (I know, no one has this much service under FERS yet), would provide either 40 percent or 44 percent (if you’re 62 or older with more than 20 years of service) of your high-three. In addition, you’ll be entitled to Social Security or the FERS Supplement...."
Reference: www.govexec.com |
| Hagel wants you to pay more |
Article Snip: "...We cannot break our promise to our seniors. These are benefits they earned over a lifetime. Our parents and grandparents put their faith in us, and we will not let them down. Please use this link to send a message to the president...."Title: Military Retirement Cuts: Prelude To Coming Social Security Changes
Article Snip: "...bipartisan budget that scales back cost of living adjustments for working age military retirees starting in 2015. Several sources including Military.com suggests that qualified participants could lose between..."
Reference: www.forbes.comTitle: Kaiser recognized for federal employee health plans
Article Snip: "...Kaiser Permanente Hawaii’s health care plan for federal employees has been recognized as “Exemplary,” the highest possible rating, by the U.S. Office of Personnel Management, administrator of the Federal Employee Health Benefit Program...."
Reference: westhawaiitoday.comTitle: CEOs with Massive Retirement Fortunes Push Social Security Cuts
Article Snip: "...largely behind the scenes: Business Roundtable and Fix the Debt, corporate lobbies that use deficit fear-mongering to sell benefit cuts. These groups are made up of CEOs of America’s largest corporations—people with retirement accounts that are more than 1,000 times as large as those of the average Social Security beneficiary...."
Reference: www.thenation.comTitle: Labor puts Dems on notice: Don’t touch Medicare and Social Security benefits
Article Snip: "...“We are opposed to Social Security, Medicare, and Medicaid benefits cuts. Period,” Silvers told me. “There will be no cover for members of either party who vote for such a thing.”..."
Reference: www.washingtonpost.com |
| 2014 Social Security COLA |
Title: Medicare Choices
Article Snip: "...Little is more confusing for employees and retirees than the decisions that must be made when you become eligible for Medicare. Let's look at two scenarios to see how Medicare and Federal Employees Health Benefits Program can fit into one picture. ..."
Reference: www.govexec.comTitle: Retirement-eligible? Know your RIF options
Article Snip: "...options available to employees who are eligible to retire when facing a RIF..."
Reference: federaltimes.comTitle: The High Cost to Your Family of Filing for Social Security at 62, Even If You Need the Money
Article Snip: "...Even if you really need the money, consider picking up another job or downsizing before starting your Social Security benefits early...."
Reference: www.pbs.orgTitle: GAO: USPS Healthcare Plan
Would Hurt Medicare, Postal Workers
Article Snip: "...“The FEHBP, which includes many non-profit plans, is one of the best health insurance programs in the country,” Guffey added. “Removing postal employees would jeopardize the FEHBP, and would result in less coverage and higher healthcare costs for postal workers. ..."
Reference: www.apwu.orgTitle: USPS Plan to Pull Out of Fed Health Benefits Could Cost Postal Workers
Article Snip: "...“The differences in deductibles and out-of-pocket maximums under the USPS plan -- on their own, or in combination with lower coverage levels for some services -- could lead to higher total costs for some postal employees and non-Medicare-eligible retirees, including those who would have lower premiums under the USPS plan,” GAO wrote in its report...."
Reference: www.govexec.comTitle: COLA? Maybe. Pay raise? Maybe not!
Article Snip: "...With a couple of months left in the countdown, federal-military-Social Security retirees are looking at a potential cost-of-living adjustment of ..."
Reference: www.federalnewsradio.comTitle: The Senior Citizens League Warns 2014 Cost of Living Adjustment Flat
Article Snip: "... consumer price index (CPI) data through June, cost-of-living adjustments (COLAs) will stay pretty flat. Based on inflation growth over the past twelve months, the 2014 COLA will be in the vicinity of..."
Reference: www.watchlistnews.comTitle: Wave of federal retirees to hit government
Article Snip: "...In the first four months of 2013, some 60,000 employees filed for federal retirement benefits, a 43% increase..."
Reference: cnn.comTitle: Will Social Security Benefits Increase This Year? By How Much?
Article Snip: "...run through the particular problems of all 78 million Baby Boomers..."
Reference: www.pbs.org