Federal Employee News

Friday, April 29, 2016

Special Supplement for Federal Employees Under FERS

Special Supplement for Federal Employees Under FERS

Snippet of Article: "...Now, one common misconception is that the Special Supplement is actually paid out by Social Security. In reality it’s actually paid out by the Office of Personnel Management (OPM) and receiving the Special Supplement does not reduce what you would draw from Social Security or force you to file for Social Security at age 62. How is the Special Supplement calculated?..."

Source: www.fedsmith.com

FERS annuity supplement, fers annuity supplement calculator,

Thursday, April 28, 2016

FBI arrests brother of San Bernardino terrorist and 2 others after searches

FBI arrests brother of San Bernardino terrorist and 2 others after searches

Snippet of Article: "...Federal agents arrested three people, including the older brother of San Bernardino gunman Syed Rizwan Farook, while conducting searches in Corona and Ontario on Thursday morning, a law enforcement official told the Los Angeles Times..."

Source: www.latimes.com

FBI

Wednesday, April 27, 2016

Federal Reserve statement of April 27, 2016

Federal Reserve statement of April 27, 2016

Snippet of Article: "...growth in economic activity appears to have slowed. Growth in household spending has moderated...the Committee decided to maintain the target range for the federal funds rate at 1/4 to 1/2 percent..."

Source: www.usatoday.com

Thursday, April 21, 2016

U.S. charges woman for exporting underwater drone technology to China

U.S. charges woman for exporting underwater drone technology to China

Snippet of Article: "...Florida woman was charged for conspiring to illegally export technology used in underwater drones to a Chinese state-owned entity..."

Source: www.reuters.com

Amin Yu, underwater drone technology, Harbin Engineering University in China,

Monday, April 18, 2016

Saudis warn of economic reprisals if Congress passes 9/11 bill

Saudis warn of economic reprisals if Congress passes 9/11 bill

Snippet of Article: "...The Obama administration has, in turn, applied heavy pressure on Congress to block the bill. Top officials from the State Department and Pentagon warned Senate Armed Services Committee staffers last month that the bill could bring economic risks to the U.S..."

Source: www.cnn.com

Sunday, April 10, 2016

Federal Agencies 'Chomping at the Bit' to Use Panama Papers to Catch Criminals

Feds 'Chomping at the Bit' to Use Panama Papers to Catch Criminals

Snippet of Article: "...The official, who is familiar with ongoing discussions about the document trove, said agents from every three-letter agency are lining up to crunch the data to bolster existing cases and build new ones against organized crime syndicates, drug cartels, foreign corrupt and kleptocratic regimes and even suspected Hezbollah terror cells in Latin America and possibly the U.S. That includes the FBI, the IRS and other Treasury agents, the Drug Enforcement Administration (DEA) and the Department of Homeland Security (DHS) ..."

Source: www.nbcnews.com

Panama Papers

Thursday, April 7, 2016

Retirement Planner: Windfall Elimination Provision (WEP)

Retirement Planner: Windfall Elimination Provision (WEP)

Snippet of Article: "...A pension based on earnings not covered by Social Security can affect the amount of your Social Security benefit. We do not know whether you are eligible for such a pension, so the benefit estimates you have received may not have been adjusted for such a possibility.

Our Windfall Elimination Provision factsheet explains whether you might be affected.
How WEP Can Affect Your Benefit

If you think your pension will affect your Social Security benefit, you can

Look at our WEP chart to see..."

Source: www.ssa.gov

Wednesday, April 6, 2016

This is not justice: Coal King Gets 1 Year and $250,000 Fine For Deaths of 29

Coal King Don Blankenship Gets 1 Year in Prison After Deadly Mine Disaster

Snippet of Article: "...Blankenship was sentenced today to one year in prison, plus one year’s supervised release and a $250,000 fine -– the maximum penalty for the conspiracy charge, according to ABC News’ local affiliate WCHS. Prosecutors had bemoaned such a short maximum sentence for what they called “monstrous” wrongdoing..."

Source: abcnews.go.com

Senate Appropriations Subcommittee on Labor, Health and Human Services, Education, and Related Agencies