Posted by admin / Under Retirees Earn
THE VILLAGES — Renee Braun laughed as she read the introduction to the cover story in the September issue of the National Active and Retired Federal Employees Association magazine. “Yes, it should be The Villages,” exclaimed the Village of Summerhill resident who volunteers as the service officer for the association’s Orange Blossom Chapter 2234, serving The Villages and surrounding communities. “It definitely should be.” The Villages emerged as the “runaway favorite” among the 600 or so association members who responded to a magazine survey for a story on the best retirement communities.
Published on Wednesday 8th of September 2010 03:35:59 PM
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Posted by admin / Under Retirees Earn
A House panel has voted to give the military a 1.9 percent pay raise next January. That would be a half percentage point higher than what the Obama administration wanted simply to match private sector wage growth. The House armed services subcommittee on military personnel panel also endorsed increases next year in hostile fire pay and family separation allowance, enough to restore the relative value of these payments to what they were in 2004 when they last were adjusted. But the same panel said the money tap is off for expanding entitlements to reserve personnel, disabled retirees or widows. “The...
Published on Wednesday 8th of September 2010 03:35:59 PM
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Posted by admin / Under Retirees Earn
NEW YORK (AFP) – The sweeping reform of the US health-care system could exact a high price on some businesses and deprive two million Americans of health insurance, industry and union leaders say. President Barack Obama on Tuesday signed a final, adjusted version of the health care reform bill into law, capping a historic overhaul that extends health insurance to an additional 32 million Americans. Congress, controlled by Obama's Democratic Party, passed the legislation without a single vote from Republicans, .. On Friday, telecommunications giant AT&T said it would take a one-billion-dollar charge in the first quarter of 2010 to...
Published on Wednesday 8th of September 2010 03:35:59 PM
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Posted by admin / Under Retirees Earn
Entitlements: Social Security's chief actuary reports that the social safety net will run a deficit for 2010, nine years earlier than predicted. Put down that big gavel, Madam Speaker, we're about to hit the iceberg. No sooner had House Speaker Nancy Pelosi, carrying the gavel used when Medicare was enacted, taken a victory lap around the Capitol Building after passage of the health care bill than did the chief actuary of the Social Security Administration report that his part of the social safety net had a big hole in it and would run a deficit for all of 2010. Stephen...
Published on Wednesday 8th of September 2010 03:35:59 PM
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Posted by admin / Under Retirees Earn
Congress passed the bill without knowing what was in it. Barack Obama signed it without reading it. Now it looks as though the Associated Press reported on ObamaCare without comprehending its content. Readers will have to scroll far down to discover that the elimination of a key tax break that kept retirees on company prescription-medication plans will mean dumping millions of seniors onto Medicare — and that the AP ignored it until now: The health care overhaul will cost U.S. companies billions and make them more likely to drop prescription drug coverage for retirees because of a change in how...
Published on Wednesday 8th of September 2010 03:35:59 PM
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This Day In History
St. Augustine: the oldest permanent European settlement in the US was founded (1565)
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