2018 Social Security COLA will be 2.0%: Not Enough to Offset Medicare Part B Premiums

10/13/2017 APWU: 2018 Social Security COLA to Health Care Executive Order 2018 Social Security COLA will be 2.0%: Not Enough to Offset Medicare Part B Premiums The Social Security Administration announced Friday that next year’s Social Security cost of living adjustment (COLA) will be 2.0%. That means an increase of $25 per month for the average beneficiary. […]

NARFE disappointed House Committee approved Postal Reform Bill forcing retirees into Medicare

NARFE Disappointed in Committee Action on USPS Reform Legislation 3/16/17 Alexandria, VA – The National Active and Retired Federal Employees Association (NARFE) is deeply disappointed the House Committee on Oversight and Government Reform approved the Postal Service Reform Act of 2017, H.R. 756, without addressing the serious concerns of 76,000 postal retirees who would be […]

Senate confirms Tea Party Congressman Mulvaney as Trump’s budget director

2/16/17 Reuters – The U.S. Senate on Thursday narrowly confirmed South Carolina congressman Mick Mulvaney to serve as White House budget director in a 51-49 vote that largely followed party lines. Underscoring the rocky reception that President Donald Trump’s Cabinet nominees have had on Capitol Hill, the vote came as Republican Senator John McCain opposed […]

House may vote on Postal Reform Bill with medicare provisions next month

Postal employee groups, mailers and the Postmaster General declared their support on Tuesday for House postal legislation that would address the declining health of the Postal Service.  The legislation, the Postal Reform Act of 2017, H.R. 756, received multiple endorsements from key House lawmakers at the hearing of the House Oversight and Government Reform Committee. […]

Will Postal Workers still be forced into Medicare if GOP succeeds in gutting program?

NALC: The industry has coalesced around the idea of full Medicare integration for health plans that cover postal employees and postal annuitants in the Federal Employees Health Benefit Program (FEHBP)—that is implementing a requirement that postal annuitants enroll in Medicare Parts A and B when they reach age 65, and requiring FEHBP plans covering postal […]

NARFE: Federal Retirees worse off with only 0.3 Percent COLA increase for 2017

Alexandria, VA – – Federal retirees received bad news today with the announcement of the 2017 cost-of-living adjustment (COLA), said National Active and Retired Federal Employees Association (NARFE) President Richard G. Thissen. The U.S. Bureau of Labor Statistics (BLS) announced that the COLA to federal civilian and military retirement annuities and Social Security benefits in […]

Working until age 80 due to lack of retirement savings could represent the future

Here is an interesting article on retirement from May 2014: During his 26 years at a packaging company in Charlotte, N.C., Pat Baines climbed the ladder to become plant manager and then a vice-president. When a new company took over and asked Pat to transfer to a job in California, he chose early retirement, at […]

U.S. Postal Service Testifies Before Congress Urging Elimination of Unfunded Liabilities

WASHINGTON — Today, Chief Human Resources Officer and Executive Vice President Jeffrey Williamson testified before the United States House of Representatives Subcommittee on Federal Workforce, U.S. Postal Service and the Census during a hearing titled “At a Crossroads: The Postal Service’s $100 Billion in Unfunded Liabilities.”

Sixteen Senators Urge Obama “not” to cut Social Security, Medicare and Medicaid in budget

Dear Mr. President: Don’t Cut Social Security, Medicare, Medicaid A group of senators today urged President Barack Obama to spare Social Security, Medicare and Medicaid in the budget blueprint that he will submit to Congress on March 4. A letter written by Sen. Bernie Sanders and signed by 15 other senators praised the president for […]