A news and educational resource pooling excerpts from various news and information sources from the web for the Federal Retiree.
Article Excerpt: "...Timanus said he has been hearing for years about an impending wave of retirees that would decimate the federal workforce. But he has yet to see any sign that it is happening...."
Article Excerpt: "...advocates for Social Security and Medicare saw it as a victory when the congressional supercommittee declared defeat last week..."
Article Excerpt: "...Agencies could be forced to cut tens of thousands of vital jobs, such as Border Patrol, FBI and other law enforcement agents, Transportation Security Administration screeners and air traffic controllers...."
Article Excerpt: "...leaving Mitt Romney as the only leading GOP contender not to advocate fundamental changes to the federal retirement program. Younger workers also could..."
Article Excerpt: "...Federal employees' satisfaction levels continue to lag behind the private sector, which had a satisfaction index score of 70 out of 100 this year, a slight drop from 70.6 in 2010, the study found...."
Article Excerpt: "...The Office of Personnel Management (OPM) is announcing changes in premiums for certain Federal Employees' Group Life Insurance (FEGLI) categories in accordance with sections 870.401(a)(2) and 870.402(a)(3) of title 5 of the Code of Federal Regulations. These include changes to premiums for Option B (most age bands), Option C (all age bands), and Post-Retirement Basic Insurance. These rates will be effective the first pay period beginning on or after January 1, 2012...."
Article Excerpt: "...Employees under Federal Employees Retirement System (FERS) will get 2.6% COLA if they..."
Article Excerpt: "...Like other state employees, the governor has contributed part of his salary toward his state and federal retirement, and his aides say he should receive the benefits when he leaves office. ..."