A news and educational resource pooling excerpts from various news and information sources from the web for the Federal Retiree.
Article Excerpt: "...Here, inside the caverns of an old Pennsylvania limestone mine, there are 600 employees of the Office of Personnel Management. Their task is nothing top-secret. It is to process the retirement papers of the government’s own workers. But that system has a spectacular flaw..."
Article Excerpt: "...But Jolly had an easy comeback: He denied wanting to privatize Social Security, and fired back by noting that Sink voiced some support for the Simpson-Bowles debt-reduction plan, which included cuts to Social Security...."
Article Excerpt: "...Critics countered that the chained CPI doesn’t account for medical costs which make up a larger share of expenses for older people than for the population as a whole and would over time cost federal retirees thousands of dollars...."
Article Excerpt: "...Most people aren't careless with the things they value the most. Surprisingly, one exception is how most people treat their most valuable retirement asset -- Social Security...."
Article Excerpt: "...Some of the Social Security rules can be frighteningly complex. Because it will likely represent a large portion of your retirement income, it's important to understand how the government program works...."