Points to Ponder #01-03

POINTS TO PONDER
Issue 01-03
from your Federation President

NARFE Members of California:

CSRS OR FERS:  Many members think that NARFE supports federal
retirees under the "Civil Service Retirement System (CSRS)" but has little or
nothing to offer federal retirees under the relatively new "Federal Employees
Retirement System (FERS)".  NOT SO!! 

     NARFE protects and promotes the following for both CSRS and FERS
retirees:

          a) The Civil Service Retirement & Disability Trust Fund,
which both CSRS and FERS retirees depend upon for their retirement annuities.

          b) Social Security, the government's social insurance program
which provides basic retirement and disability income to the majority of CSRS
and all of FERS retirees.

          c) The Federal Employees Health Benefits Program (FEHBP),
which provides health insurance for CSRS and FERS enrollees and their family
members.

          d) Medicare, which offers basic, first-payer health insurance coverage to
almost all CSRS and FERS retirees after age 65.

          e) The Federal Employees Group Life Insurance Program, which
offers affordable life insurance to all CSRS and FERS workers and retirees.

          f) The Federal Long-Term Care Insurance Program, which will
make long-term care insurance accessible to CSRS and FERS employees,
retirees and family members.

          g) The Federal Thrift Savings Plan, which allows both CSRS
and FERS employees to participate in a tax-deferred personal retirement savings
program.

     CSRS and FERS employees, retirees and survivors can get help/assistance
from NARFE on any subject matter pertaining to Federal employees, retirees or
survivor annuitants.

     For more detailed information on CSRS/FERS, see pamphlet F-104 available
from NARFE Headquarters at no cost to you.

     Till Next Time ....

     Warm Personal Regards!
     California Federation President, Lea Zajac