REDUCTION TO HEALTH BENEFITS:
SHIFTING A GROWING SHARE OF HEALTH INSURANCE COSTS TO WORKERS
AND RETIREES:
REQUIRE CERTAIN FUTURE RETIREES TO PAY MORE FOR THEIR FEHBP PREMIUMS:
REDUCTION TO ANNUITIES:
CUT ANNUITIES BY BASING THEM ON HIGHEST FOUR OR FIVE YEARS OF SALARY:
UNDERESTIMATE INFLATION TO CUT COST-OF-LIVING ADJUSTMENTS
(COLAS):
REDUCTION TO TSP:
REQUIRE WORKERS TO DOUBLE THEIR TSP CONTRIBUTION TO RECEIVE FULL EMPLOYER
MATCH: THRIFT SAVINGS PLAN (TSP):
REDUCTION TO SALARIES:
INCREASE EMPLOYEE'S
CONTRIBUTIONS TO THE RETIREMENT FUND:
WE FEAR IN THE NOT TOO DISTANT FUTURE, LAWMAKERS WILL WANT TO CUT FEDERAL RETIREMENT IN RESPONSE TO THE TREMENDOUS
PRESSURE 77 MILLION RETIRING BABY BOOMERS WILL PLACE ON THE BUDGET.
READY TO RETIRE:
CURRENT FEDERAL EMPLOYEES ALERT!!!!!!
IF YOU ARE INTERESTED IN LEARNING MORE ABOUT YOUR RETIREMENT
BENEFITS, ASK YOUR HUMAN RESOURCES PERSONNEL TO CONSIDER OFFERING A NARFE PRE-RETIREMENT SEMINAR:
FOR INFORMATION, VISIT THE NARFE SITE, WWW.NARFE.ORG, OR CALL 703-838-7760.
NEW BILL H.R. 1256 TO ALLOW FERS EMPLOYEES TO ADD SL CREDIT WHEN THEY RETIRE.
MAKE WORK PAY PROVISIONS:
FEDERAL WORKERS WILL RECEIVE A ONE-TIME $250.00 PAYMENT FROM THE FEDERAL GOVERNMENT WITHOUT HAVING TO FILE ANY EXTRA
PAPERWORK.
