Title: Federal Employees’ Retirement System: Summary of Recent Trends
Article Snip: "...Workers who retired under FERS received an average monthly annuity of $1,834. Employees retiring under FERS had a shorter average length of service than those under CSRS. FERS annuities are supplemented by Social Security benefits and the Thrift Savings Plan (TSP). ..."
Reference: www.everycrsreport.comTitle: Retiree warns others after losing $8,500 in check-washing theft
Article Snip: "...Retiree Cindy Redmond noticed something was wrong after she mailed two checks from her south Charlotte home. ...“(I) put the mail in the mailbox around (9 p.m.) and then went out for a walk about (10 p.m.) and saw the mailbox was open and empty,” Redmond said. “You get a gut feeling that’s not right. Our mailbox is never left open.” ...“It appears that the suspect was able to wash the check,” said Officer Johnathan Frisk..."
Reference: www.wsoctv.comTitle: Man driving U-Haul with an outstanding warrant for postal theft, arrested after police chase
Article Snip: "...The Caddo Mills Police Department reported that Harper, 31, of Southaven, Miss., was being held in the Rockwall County Jail as of Monday morning. The officer did a check of the truck’s registration and was alerted that it had been stolen out of Holland, Mich...Inside the stolen truck, police found marijuana as well as identification, bankcards and tax information belonging to other people. They also found...Harper also has an outstanding warrant for postal theft, according to police."
Reference: www.rockwallheraldbanner.comTitle: Meet the Stone Mountain Hookers—a women’s fishing club
Article Snip: "...Betty Pompey, a Stone Mountain community leader who retired as an executive with the U.S. Postal Service, said she had some fishing experience while living in Savanah. “I showed up with large surf-fishing lures and a big, heavy-duty rod, prompting some laughter,” said Pompey. Now others in the club have rods, reels, line and hooks suitable for local lake fishing for the Bream, Bass, Crappie and Catfish. ..."
Reference: ocgnews.comTitle: What is one of the best things i can do to prepare for retirement?
Title: Social Security Benefits: How to avoid mistakes and get full payments?
Article Snip: "Make sure you are not missing out due to a simple error..."
Reference: www.marca.comTitle: How long do you have to be married to someone to get their Social Security? PDF
Article Snip: "...USPS understands that employees have many questions, so here are a few things to know: • The law establishes the Postal Service Health Benefits (PSHB) Program, which..."
Reference: NPMHU Local 317Title: Retirees on fixed incomes struggle to deal with inflation
Article Snip: "......"
Reference: www.theday.comTitle: 2023 Social Security COLA Estimated at 7.6% as CPI Keeps Rising
Article Snip: "...consumer price index release showing that prices over the past year through February have risen by 7.9% — the largest increase since since January 1982, and 0.8% from January to February, are just the beginning, as that number doesn’t include commodity price jumps due to Russia’s invasion of Ukraine and the extraordinary jump in energy prices..."
Reference: www.thinkadvisor.comTitle: Postal Service Reform Act of 2022, H.R. 3076 Passes Senate
Article Snip: "... aligns retiree healthcare with the best practices in the private sector that lower premiums for NPMHU members and our fellow postal employees as well as safeguarding benefits..."
Reference: NPMHU LOcal 317Article Excerpt: "...Almost all current federal workers, plus a growing number of new retirees, are under the FERS program. There is a permanent battle between FERS (with its generous 5% employer match to the TSP and Social Security coverage) and CSRS retirees who start off with much higher annuities (which they help finance) than FERS retirees. The fly in the ointment for FERS employees is their diet-COLA system. Under it, FERS retirees get the same COLA as CSRS retirees UNTIL it exceeds 2%. So for example if a CSRS Social Security COLA is 6%, FERS retirees would get 5%. Imagine the impact on a FERS annuity over a period of extended inflation What if, as some experts project, we are entering a period of high inflation? One that lasts for years. It’s happened before. Some say it may already be happening again. ..."
Reference Source: federalnewsnetwork.com
'...WASHINGTON — Federal employees and military service members would receive average raises of 4.6 percent next January under...'
Title: Why claiming Social Security online could be the easiest approach for retirees
Article Snip: "...recent data from the Center for Retirement Research shows many Americans are passing up the simplest approach to claiming Social Security benefits and are needlessly complicating their efforts. The data revealed that just about half of all retirees are filing for their benefits online, a number that has held steady since 2013...."
Reference: tulsaworld.comTitle: Are Social Security Recipients Being Cheated Out of Nearly $5,000?
Article Snip: "...Social Security benefits are not keeping up with inflation. ...despite the massive COLA raise in 2022, retired workers will keep losing out due to the decline of purchasing power in today's red-hot high inflationary environment. “To put it in perspective, for every $100 worth of groceries a retiree could afford in 2000, they can only buy $68 worth today,” Mary Johnson, the Social Security policy analyst for The Senior Citizens League (TSCL), said in a statement..."
Reference: nationalinterest.orgTitle: Baby Boomer Retirements Outpace Predictions
Title: Social Security offices, closed in the pandemic, are expected to reopen in March.
Article Snip: "...The national network of Social Security customer service offices, which were closed nearly two years ago at the start of the pandemic, is on track to reopen on ..."
Reference: www.nytimes.comTitle: When Should a Federal Employee Apply for Social Security Benefits?
Article Snip: "...wonder if they will reach their life expectancy. This group firmly believes that a bird in the hand is worth two in the bush. Although 62 year olds are rarely called young..."
Reference: www.fedweek.comNew Year. New Law. Beginning January 1, 2022, new federal protections will shield millions of consumers from surprise medical bills. Surprise medical bills – unexpected bills from an out-of-network provider, out-of-network facility or out-of-network air ambulance provider – is common among those with private insurance. Nearly one in five patients who go to the emergency room, have an elective surgery, or give birth in a hospital receive surprise bills, with average costs ranging from $750 to $2,600 per episode.
Learn about how the No Surprises Act can protect you from surprise medical billing. U.S. Department of Health and Human Services
Title: Why is My 2022 COLA Less Than I Was Expecting?
Article Snip: "...My FERS annuity with the 2022 COLA is increasing less than 4.9% in January. Why is that?..."
Reference: www.fedsmith.com