Postal Service Health Benefits Program (PSHB) will replace FEHB coverage for postal employees, annuitants and eligible family members

Postal Service Health Benefits Program (PSHB) will replace FEHB coverage for postal employees, annuitants and eligible family members

Article Excerpt: "...That program will replace FEHB coverage for postal employees, annuitants and eligible family members but they “may continue to participate in the FEHB Program for the 2022, 2023, and 2024 plan years. Under the postal reform law, the PSHB would make the same plans available and on the same coverage terms as in the FEHB but with their premiums determined separately. One major difference would be that future postal retirees would have to enroll in Medicare Part B when they become eligible, typically at age 65; current postal retirees would retain the option of not enrolling, as would current employees who are age 64 or older before the end of 2024. ..."

Resource: www.fedweek.com

Postal Service Health Benefits Program (PSHB), Federal Employee Health Benefits Program (FEHB)

USPS News Link | Postal news and information

Post USPS | Former employees have rules for new jobs

Article Excerpt: "...The Postal Service wants you to know about the rules that apply to retirees and other former employees. After leaving USPS, former employees may accept a new job with any employer. Depending on what their postal duties were, they may be prohibited from interacting with the Postal Service for a certain time period. ..."

Resource: link.usps.com

USPS News Link | Postal news and information,

Gardening in Retirement Grows in Popularity

Gardening in Retirement Grows in Popularity

When people retire, especially from laborious jobs,they desire to wind down from working for someone else or a created business to focus on positive hobbies that enhance your retirement life. Hordes of people are turning to gardening. Many have transformed backyards in to tropical paradises. While many can afford to pay landscapers to perform the work for them. However, many decide to take a lower budget approach and design and build over time. Here is an example of a pond and garden being developed over time. In this example, a 41 year retiree from the federal government, says his pond area is simply an easy way to bring nature to your backyard while increasing aesthetic value. Join us for a 9 minute tour of a north Alabama backyard pond and garden

Resource: Youtube

Gardening in Retirement

How Inflation Affects Your Retirement Plans

How Inflation Affects Your Retirement Plans

Article Excerpt: "With prices rising at a record rate, many retirees or people planning to retire soon may be increasingly worried about what sort of lifestyle they can afford...inflation still impacts you. It could be worse than average. ... Inflation affects everyone, but you can be especially vulnerable if you’re retired. "

Resource: www.forbes.com

Inflation 2022,Biden Legacy,Kamala Harris Legacy,

Dirty Deeds Done Dirt Cheap: Uncle Biden Needs You as an Armed Special IRS Agent

IRS seeks armed accountants ready for ‘deadly force’

Article Excerpt: "On its jobs page is a listing of vacancies for special agents to be placed around the country to root out financial fraud. But these are opening for more than just financial experts: They will also be armed. Among the job requirements listed: “Carry a firearm and be willing to use deadly force, if necessary.”..."

Resource: www.washingtonexaminer.com

10 Ways to Overcome Ageism While Job Hunting During Retirement

10 Ways to Overcome Ageism While Job Hunting During Retirement

Article Excerpt: "It's never too late to start a new job. It's estimated that, on average, a typical American worker now has more than ten jobs over the course of their lifetime... unfortunately, whether you're inspired to enter a new field or want a new job after you retire, one of the biggest obstacles to re-entering the workforce can be ageism."

Resource: www.entrepreneur.com

Ageism, Age Discrimination, Working in Retirement,

Kimberly Palmer: 5 ways to feel richer (even if you’re not)

Kimberly Palmer: 5 ways to feel richer (even if you’re not)

Article Excerpt: "In some ways, feeling “rich” is less about how many zeroes you have in your bank account and more about knowing how to use them to get what you want out of life. For Liz Gendreau, founder of the website Chief Mom Officer, that feeling comes from... For author and certified financial planner Tom Corley, feeling rich comes from having an ...financial counselor Andi Wrenn in Raleigh, North Carolina, finds that feeling when she... "

Resource: yahoo.com

Feel Richer in Retirement,Retiree Tips,

Why I Chose Travel Writing As My Retirement Career

Why I Chose Travel Writing As My Retirement Career

Article Excerpt: "...I love to work, explore new possibilities, get out of my comfort zone, live a full and exciting life, and hang out with my husband. I chose travel writing as my retirement career so I could enjoy all those things and live a good life...."

Resource: www.travelawaits.com

Retirement Activities,Constructive Retirement,

Crediting Military Service for FERS When You Are Receiving Military Retired Pay

Crediting Military Service for FERS When You Are Receiving Military Retired Pay

Article Excerpt: "You cannot receive credit for any military service in your FERS retirement computation, if you are receiving military retired pay, unless you were awarded the retired pay:

Due to a service-connected disability either incurred in combat with an enemy of the United States or caused by an instrumentality of war and incurred in the line of duty during a period of war, or

Under the provisions of Chapter 1223, Title 10, U.S.C. (pertaining to retirement from a reserve component of the Armed Forces).

However, you can elect to waive the retired pay and have the military service added to your civilian service in computing your FERS annuity. In addition to waiving your military retired pay you MUST pay a deposit for your post 1956 military deposit prior to separating from your agency in order for it to be creditable in your FERS retirement case. ..."

Resource: www.opm.gov

Military Service Credit for Federal/Postal Retirement Purposes,

Retirement Services FERS Information - OPM

Retirement Services FERS Information - OPM

Article Excerpt: "FERS is a retirement plan that provides benefits from three different sources: a Basic Benefit Plan, Social Security and the Thrift Savings Plan (TSP). Two of the three parts of FERS (Social Security and the TSP) can go with you to your next job if you leave the Federal Government before retirement. The Basic Benefit and Social Security parts of FERS require you to pay your share each pay period. Your agency withholds the cost of the Basic Benefit and Social Security from your pay as payroll deductions. Your agency pays its part too. Then, after you retire, you receive annuity payments each month for the rest of your life. The TSP part of FERS is an account that your agency ..."

Resource: www.opm.gov

FERS Explained,FERS,retirement,