"Welcome Relief"
About a million federal retirees who do not receive Social Security payments would get a $250 boost from an economic recovery plan touted by President Barack Obama, according to a release from the White House.
The White House's proposal comes in anticipation of an announcement from the Bureau of Labor Statistics that there will be no cost of living adjustments for Social Security and federal civilian and military retirees in 2010.
National Active and Retired Federal Employees Association President Margaret Baptiste called the proposal "welcome relief" for those federal employees, who must still pay for anticipated increase in health insurance premiums such as Medicare Part B.
For more background on this issue, you can read here.
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