Aug 6, 2013

NARFE Seeks Adjustment of Phased Retirement

"...Two federal-employee groups want to expand the government’s new phased-retirement program to more federal workers, but they disagree about the program’s proposed mentoring requirements.

The National Treasury Employees Union and the National Active and Retired Federal Employees association last week recommended changes to the draft rules in letters to the Office of Personnel Management, which is taking suggestions until Aug. 5 before implementing the program.

By law, phased retirement will allow federal employees to work part-time after the age of retirement while receiving partial annuities and continuing to pay toward their benefits. But OPM has to work out the more granular details of the program.

NTEU and NARFE, which support phased retirement, have raised concerns about a proposed rule that would limit eligibility to workers with 20 or more years of service with the federal government..."

Read more at washingtonpost.com

Dec 20, 2011

Federal retirement cuts could return due to payroll tax bill

"...Federal employees need to pay attention to what's going on in Congress right now if they're at all concerned about the future of their retirement plan. The House passed a new payroll tax bill that includes a provision that would eliminate the FERS minimum supplement for individuals who are not subject to mandatory retirement. If enacted, this measure could go into effect as early as January 2013..."

Read more at federalnewsradio.com

Nov 16, 2011

Federal Employee Retirement threatened by Senate

"...disabled federal workers will receive a 25 to 33 percent reduction in their benefits once they reach retirement age..."

Read more at narfe.org

Nov 8, 2011

High number of Federally Employed Retiring could strain benefits

"...Two of the government's largest operations, the U.S. Postal Service and now the Internal Revenue Service are downsizing..."

Read more at federalnewsradio.com

Advocacy Group for Federal Retirees

"...NARFE is an advocate for both active and retired federal employees before the U.S. Congress and the White House..."

Read more at nwitimes.com
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