THE DAILY FED
News Briefs
The following news summaries are from OPM AM, the daily newsletter of the Office of Personnel Management. OPM AM is available on OPM Mainstreet, the agency's electronic bulletin board, at 202-606-4800.
Lemont Reporter
PROTECTION FOR DISABLED--OPM has proposed a change in the regulations governing the civil service pension programs which will result in greater protection for federal employees seeking retirement benefits based on disability (Office of Communications News Release, January 16).
THE FEDERAL DIARY--IRS employees have until next Friday to apply for a voluntary separation incentive payment under the new buyout law, which the IRS is the first agency to use (The Washington Post).
SOCIAL SECURITY--The Social Security Administration's computer system threatens to shortchange millions of future retirees because it is making serious errors in recording the income of many wage earners--particularly women, Latinos and Asian Americans, according to an internal agency report (The Washington Post).
THE FEDERAL TIMES--Another round of base closings is needed to remove additional unneeded installations from the military's inventory, according to a new congressional report...Special retirement rules apply to air traffic controllers in CSRS...."List-making at the national level, though not prohibited, does bruise relationships and damage trust, the same trust partnership is intended to build" (The Federal Times, January 20).
OTHER VIEWS--Give military retirees access to FEHBP (Retirement Life Magazine, Washington, DC, January)...NARFE will oppose the indexed flat payment by the government to the FEHBP (Retirement Life Magazine, January)...FEHBP a model for Medicare (Aging News Alert, Sliver Spring, MD, December 20)...Sucessful businessman has done work for OPM (Washington Informer, Washington, DC, December 19).
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