Federal Retirees to Get $250?

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By Ed O’Keefe The Washington Post

Happy Thursday! Federal employees ineligible to receive Social Security benefits would still get a one-time $250 payment next year if President Obama gets his way.

The president wants Congress to make the one-time payments to roughly 57 million people, including roughly 1 million public sector employees ineligible for Social Security, Supplemental Security Income, or veterans benefits.

     

“This additional assistance will be especially important in the coming months, as countless seniors and others have seen their retirement accounts and home values decline as a result of this economic crisis," Obama said in a statement issued Wednesday.

Read more at The Washington Post

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