Government Executive
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A weekly roundup of pay and benefits news.
Organizations representing federal employees and retirees are hopeful that a controversial tax rule that limits the Social Security benefits of former feds who have spent time in the private sector could soon be a thing of the past, thanks to two bills making their way through Congress.
The windfall elimination provision reduces the Social Security benefits of retired federal, state and local government employees who worked in private sector jobs in addition to a government job where Social Security is not intended as an element of their retirement income, like employees in the Civil Service Retirement System.
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AFSA is pleased to present a Zoom Webinar on the Federal Long Term Care Insurance Program (FLTCIP), the second webinar of 2021 in the Federal Benefits Series. The program will take place via Zoom on Tuesday, March 2 from 1:00 to 2:00 p.m. EST.
Nathan Sebert, a Senior Account Manager at Long Term Care Partners, will:
discuss the importance of long term care planning;
review FLTCIP benefits, including new features of the FLTCIP 3.0 plan, which offers a premium stabilization feature;
provide tips on designing your own plan, and review costs;
and cover important information on FLTCIP eligibility and enrollment.
Government Executive
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The COVID-19 pandemic provides a sobering reminder of the potential need for long-term care.
Retirement Counseling and Training www.retirefederal.com
It is difficult to think of much beyond COVID-19 as we near the end of 2020. It’s certainly a relief to have a vaccine approved and being distributed. But the numbers on the effects of the pandemic are staggering, and the benefit of receiving the vaccine for most people is still months away.
COVID-19 has had an overwhelming impact on the elderly, especially those in nursing homes and other long term care facilities. According to the Kaiser Family Foundation, as of the last week of November, COVID-19 had claimed the lives of more than 100,000 long-term care facility residents and staff.