The National Active and Retired Federal Employees Association and the White House are in agreement on a bill scheduled for vote in the House: it would be bad for federal workers.
The National Active and Retired Federal Employees Association has sharply criticized plans by the House of Representatives Committee on Oversight and Reform to require postal retirees, their spouses and survivors to enroll in Medicare Part B or forfeit their coverage in the Federal Employees Health Benefits Program.
Phased retirement may be a solution in search of a problem. Agencies have been slow to implement it and reception by federal employees has been languid. DoD is now moving out to implement the program.
The House version of a postal reform bill in Congress is better than the Senate version according to NARFE, although it thinks neither is ideal. What effect do these bills have on enrollment options in Medicare, and which federal retirees would be impacted?
Federal employee advocacy groups sent a letter to Senate leaders this week expressing concerns about the Veterans First Act, saying that it would undermine protections for VA employees who are subject to discipline for misconduct or performance.
Federal retirees depend on their federal civil service annuity for much of their retirement income, but states facing financial problems may be looking to public sector pensions as a source of new revenue.
A new guide from NARFE gives federal employees an overview of state tax rates and how each state treats retirement income with respect to taxation.
The Labor Department has issued its Conflicts of Interest Rule that requires investment advisers to act in the best interest of their customers rather than themselves. This is a summary of the new rules and reactions from various groups to the changes.