MILITARY RECOGNITION PROJECT: from President Jack
Eva Finley, our National Retiree Editor, is planning recognition of Military Veterans at Veteran Homes in the area of the Mohegan Sun. (national convention) I am asking each state to be a participant in the "Lap Blankets for Veterans" program. Look for simple instructions from Eva forthcoming soon. Time and cost involved is minimal but the rewards will be enormous. The Blankets will be presented personally at the homes. I am excited about this endeavor and look forward to further information from Eva and I hope you are as well. Keith Miner from New York, who is coordinating our Military Recognition Ceremony at the national convention, is working with Eva to get the blankets to their new homes and into the lives of Veterans in the area. Look for something special coming for our Veterans during the special Military Recognition Ceremony.
News from NARFE:
In response to Rep. Gerry Connolly, D-VA, introducing the Equal COLA Act – legislation that would provide retirees of the Federal Employees Retirement System (FERS) with cost-of-living adjustments (COLAs) to their annuities equal to the increase in consumer prices (as measured by the CPI-W from the relevant period) when the change is greater than 2 percent .
“Pursuant to federal law and the annual change in consumer prices measured by the Bureau of Labor Statistics (BLS), the COLA to Civil Service Retirement System (CSRS) annuities and Social Security benefits will be 2.8 percent in 2019. Unfortunately, it will be only 2 percent for FERS annuities.
“Nearly 800,000 FERS retirees are wondering why they are only receiving a 2 percent COLA when consumer prices increased by 2.8 percent. The unsatisfying answer dates back to when FERS was created in the 1980s and a bargain was struck in Congress that limited the FERS COLA to 2 percent when consumer prices increase between 2 and 3 percent. That was the wrong policy then, as it is now, because it prevents FERS annuities from keeping up with inflation, which is the whole point of a COLA.”
Members are encouraged to contact their members of Congress and ask for their support of this bill.