Theres Still Time to Get a Head Start on Tax Season 0000007034 00000 n Retrieved July 27, 2021, from, Age Started Saving for Retirement by Generation. In the past two years, the ranks of retirees 55 and older have grown by 3.5 million. The prior recessions did not disrupt the longer-running trend of rising labor force participation and declining retirement among older Americans that began around 1997. WebMD. Tagalog Comments dimensions@pplweb.com www.pplweb.com Printed on recycled paper and recyclable. 0000004329 00000 n Numbers, Facts and Trends Shaping Your World, Younger evangelicals in the U.S. are more concerned than their elders about climate change, Publics Top Priority for 2022: Strengthening the Nations Economy, Share of those 65 and older who are tech users has grown in the past decade, Amid the pandemic, a rising share of older U.S. adults are now retired, Americans See Broad Responsibilities for Government; Little Change Since 2019. 0000015644 00000 n How Much Money Do I Need to Retire? Retrieved July 27, 2021, from, How to Estimate Retirement Expenses. News from Our Partners: DoD Uniformed Services ID Card Reissuance Transamerica Center for Retirement Studies. PPL produces a range of reports and statements pertaining to its business, including Annual Reviews, Financial Statements, and Annual Transparency Reports. Retrieved July 27, 2021, from, Brandon, Emily. Some married retirees divorce, while others travel the world with their spouses. Annual Performer Review 2017-18. PPL Corporation May 6, 2021 PPL Corporation Reports First-Quarter 2021 Earnings - Announces first-quarter reported net loss (GAAP) of $2.39 per share, reflecting a $2.65 per share net loss from discontinued operations associated with the U.K. utility business. Words that may come to mind include these: golden years, leisure time, cruises, grandchildren, consulting work, Social Security, 401(k)s, downsizing, divorce, aging in place, and even rebirth. Download your guide today! Dating apps help retirees find romantic partners, Among seniors 55+ in the 2021 Choice Mutual survey:2, NYC scores AARP's #1 recommendation for retirees looking to date, The Big Apple ranks so highly because it offers a wide pool of retirees and plenty of opportunities to meet and mingle. Local Education Agency Medi-Cal Billing Option Program (LEA BOP) notificationof contractor placement on the Time Survey Particpant (TSP) lists for the Random Moment Time Survey (RMTS). Retrieved July 27, 2021, from, Frequently Asked Questions. | LocalEducational Agency Medi-Cal Billing Option Programbilling guidance to LEA Providers participating in the LEA BOP regarding covered direct medical services provided to Medi-Cal enrolled students via telehealth. 0000037954 00000 n To avoid any disruption in direct deposit, DFAS allows SBP child annuitants to set up a direct deposit in their own name up to 60 days prior to reaching their 18th birthday. Welcome to the June 2022 Retiree Newsletter! The CFC and charities in this campaign are so appreciative of the generosity of retirees. Download a PDF of the March newsletter to read, print or share (right click and choose "Save As" to save to your computer), Department of DefenseDepartment of Veterans AffairsMilitary Employment VerificationWarrior Care WebsiteDefense Contract Mgmt Agency DoD Forms Retrieved July 27, 2021, from, Duffin, Erin. As part of our work to identify efficiencies that can speed up processing of requests and reduce costs, we will stop mailing multiple Retiree Account Statements (RAS) during the month. |l+ Based on its initial data, the SSS approved the release of P1.47 billion pension loans for 33,007 retiree-pensioners from January to June 2021. 2.5: Rate of gray divorce among remarried couples 50 or older compared with those married for the first time, 344,755: Number of women 50 and older who divorced, 10.3: Number of divorces per 1,000 married women 50 and older, 4.9: Number of divorces per 1,000 married women 50 and older, 82% of folks express concern about their health in retirement, 57% skip behaviors such as smoking and drinking, 43% try to think big picture when making lifestyle choices, 42% engage in proactive health measures such as regular self and medical checkups, 17% meditate, do relaxation exercises, or otherwise focus on mindfulness, 44%, worsening health that requires long-term care, 44%, Social Security reductions or total elimination, 22%, little or no access to good, affordable healthcare, 47% planned to travel in 2021 only if a vaccine was available; fortunately, it is, 74% noted that COVID-19 issues will prevent them from taking all the trips they would rather go on in 2021, 57% wanted to travel to spend time with friends and family, 58% of Boomers earmarked unspent money for future trips, $6,691: Amount Boomers expect to spend on 2021 travel vs. $5,000 for Gen X and $4,000 for Millennials, 63% of people 50 and older polled by RBC Wealth Management note travel as a critical retirement goal, 75% of people 50 and older with household incomes of at least $50,000 said travel was important; 50% who had incomes under $50,000 gave the same designation, 99% of Boomers plan at least one trip in a normal year (non-COVID), More than 5: Number of trips each Boomer takes per year on average, 4 of 10 head internationally to Mexico, the Caribbean, the British Isles, and other destinations, $11,077: Amount of money the average retiree spends every year on travel, $44,051: Mean after-tax household income for people 65 and older, 62 or older: Age to qualify for senior passes from the National Park Service, $80 + $10 processing fee: Cost of lifetime Senior Pass from the National Park Service, $10: Cost of the pass before the increase in 2017, $20 + $10 processing fee: Cost of an annual Senior Pass, 4: Number of annual senior passes you can trade in to receive a lifetime pass, Free + $10 handling fee: Cost of lifetime access pass for people with permanent disabilities, 47% of seniors living alone say they travel for pleasure, 55% of seniors living with others report traveling for pleasure, 65% of women 65+ living alone and 63% of women living with others report devoting, 49% of men living alone and 73% of men living with others report devoting more time to hobbies and interests in retirement, 42% of men who live alone and 56% of men who live with others say they volunteer or are involved in their community, 49% of women who live alone and 55% of women who live with others say they volunteer or are involved in their community, 59% of seniors living alone say their lives have less stress as they get older, 60% of seniors living with others indicate the same, 64% of seniors 65 and older voted in the Nov. 2018 elections, $1,144: Average amount adults 50 and older spent on technology in 2021, 64% of the 50+ set owned a smart TV in 2020, a noticeable increase from 49% in 2019, 50+% of seniors 70 and older own a smart TV, 80% of adults 50 and older use tech to stay connected to family and friends; COVID-19 prompted many to try this method, 44% of the older adults surveyed feel more positively, 53% of seniors 70 and older have a tablet, 69% of these tablet-owning seniors say they use it daily, In 2019, just 40% of seniors reported owning a tablet, 38% of the 50+ set watched traditional TV (network and cable) in 2020, a huge drop from 2019's 60%. Here are the top 10 cities AARP recommends for dating in retirement:3, States with highest rates of sexually transmitted infections among 55 and older. %%EOF Survey: Dating & Love Among 55+ in 2021. It is a subsidiary of The Pew Charitable Trusts. Get the New Tips & Tools for Retirees New to Retired Pay So Are Increasing Numbers of Older Americans. If you have questions about your options for life insurance in retirement, contact MetLife at 888.507.3767 once you receive your conversion/continuation packet. For instance, some retirees work to keep their brains sharp, while others do it out of necessity. Annual Performer Review 2018-19. As of the third quarter of 2021, 50.3% of U.S. adults 55 and older said they were out of the labor force due to retirement, according to a Pew Research Center analysis of the most recent official labor force data. 213 0 obj <> endobj Products like larger tractors, motor homes and military vehicles move on uni-level flat cars. (2020, May). 0000004178 00000 n However, not everyone is taking steps today to minimize these health-related risks down the road.8, Travel is a huge retirement goal for people around the world. 27% of adults in 2020 said they're retired even though they still work at least a bit25, 13% of retirees have worked for pay or profit in the prior month, AARP compiled a list of top retiree jobs based on how common a job was among the 55+ set, the pay, physical demands, job satisfaction, and other factors.36, The 10 jobs with the highest percentage of workers 66 and older37, Where retirees live | The 2023 Changes to the SBP Optional Annuity for Dependent Children: What Surviving Spouses and Children Need to Know and Do Browse Medicare Advantage HMO and PPO options. Retrieved July 27, 2021, from, Allred, Colette. Local Educational Agency Medi-Cal Billing Option Program policy related to annual or triennial individual education plans (IEP)and individual family service plans, Local Educational Agency (LEA) Medi-Cal Billing Option Program Direct Medical Services Provided to Medi-Cal Enrolled Students by LEA-Contracted Health Service Practitioners. (2015). Retrieved July 27, 2021, from, Stats for Stories: National Senior Citizens Day. Compare. endstream endobj 214 0 obj <>>>/Lang(en-US)/Metadata 211 0 R/Names 215 0 R/Outlines 180 0 R/Pages 206 0 R/Type/Catalog/ViewerPreferences<>>> endobj 215 0 obj <> endobj 216 0 obj <>/ExtGState<>/Font<>/ProcSet[/PDF/Text/ImageC]/Properties<>/XObject<>>>/Rotate 0/Tabs/W/Thumb 181 0 R/TrimBox[0.0 0.0 576.0 792.0]/Type/Page>> endobj 217 0 obj <> endobj 218 0 obj <> endobj 219 0 obj [/ICCBased 239 0 R] endobj 220 0 obj <> endobj 221 0 obj <> endobj 222 0 obj <> endobj 223 0 obj <> endobj 224 0 obj <>stream AD&D. Medicare. The general counsel of Allentown, Pennsylvania-based PPL Corp. has announced her plans to retire from the utility company after 35 years of service in the legal department and five . 0000043123 00000 n Transamerica Center for Retirement Studies. BLS projects large increases in labor force participation among older adults from 2020 to 2030, with nearly 40% of 65- to 69-year-olds being in the labor force by 2030, up from 33% in 2020. Automotorul Desiro 96-2022- a depoului Iai trece prin Putna cu Trenul Regio 5628 Putna-Suceava 15.03.2021 Divorce later in life has become so common it has a term: gray divorce. Bill and Melinda Gates, and Al and Tipper Gore are two well-known couples who bade sayonara to spouses they married years ago. 0000013101 00000 n Click here to download a PDF of the December 2022 Retiree Newsletter Meanwhile, roughly 1,800 seniors left the city . (2021, May 06). Are You Ready to Join the Fight? - Achieves earnings from ongoing operations of $0.28 per share. the past two years? Start Early! Social Security Administration. Department of StateCivilian Personnel Mgmt ServiceDTS Travel CenterSystem for Award Mgmt (SAM) Congressional/Legislation About two-thirds of people 50 and older (versus less than half of younger adults) see divorce as the best solution when couples cannot resolve marriage issues. Update on askDFAS Online Upload Tools with Status Notification Feature (2016, Feb. 18). Boston Premier Wealth. Among those who found love, 18% had success via mutual friends' introductions, 13% found their significant other through dating apps, 12% met their partner through community events, parties, and other local activities, 9% met their partner through casual or everyday activities, 8% did so in church or religious settings, 7% apiece met future significant others in a senior retirement community; through work; or on social media, 66% of seniors who used dating apps/websites ended up in a relationship with someone they met there, Hinge, Plenty of Fish, Bumble, and eHarmony also proved successful for many seniors, 54% of survey respondents had not been on a date in the past five years, 10% had not been in a relationship lasting more than a year, 14% of widows seriously dated in the past five years, Washington, D.C., 881.8 infections per 100,000, North Dakota, 14.9 infections per 100,000. (2020, Aug. 21). Event Image: 1920 x 1080 px. PPL 21-043 December 15, 2021 State Fiscal Year (SFY) 2022-23 Annual Participation Prerequisite (APP) for the TCM Program PPL 21-042 December 10, 2021 Notification of State Fiscal Years 2015-16 through 2019-20 Cost Settlement Requirements for the Local Educational Agency Medi-Cal Billing Option Program. 213 35 Download a PDF of the March newsletter to read, print or share (right click and choose "Save As" to save to your computer), Click here to download a PDF of the March 2022 Retiree Newsletter, Directors Message Based on the increase in the Consumer Price Index, there is an 8.7 percent COLA for most retired pay and Survivor Benefit Plan annuities. In FYE 2021, pensioners had an average income of 361 after housing costs . Adjusting for special items, first-quarter 2021 earnings from ongoing operations (non-GAAP) were $219 More than 50% of older divorces occur among folks married more than 20 years. Adjusting for special items . Local Education Agency Medi-Cal Billing Option Program (LEA BOP) notificationof inclusion of Long-Term Direct Service Practitioner Substitutes and Administrative Service Personnel Substitutes in the Random Moment Time Survey (RMTS) Process., Ineligible Encounters for Federal Financial Participation (FFP): Information, Monthly Reports, TCM System, and TCM Cost Reports, Additional Response Options for the Random Moment Time Survey (RMTS) Pre-Sample Question 1, Local Education Agency Medi-Cal Billing Option Program (LEA BOP) notificationof the compliance process for LEAProviders that do not submit the Cost and Reimbursement Comparison Schedule by the mandated due date., Local Education Agency Medi-Cal Billing Option Program (LEA BOP) notificationof proposed regulation update related to theauthorization of speech pathology and audiological services, occupational therapy services, and physical therapy services., Notification of Changes to the Quarter One Time Survey Participant (TSP) List for the SMAA Program, LGAs Claiming Reimbursement for State Fiscal Year (SFY) 2019-20 CMAA/TCM Participation Fee, Countywide Averages (CWAs) for the Second Quarter (Q2) of State Fiscal Year (SFY) 2020-21, California Department of Health Care Services Medi-Cal Countywide Averages for State Fiscal Year (SFY) 2020-21 Quarter 2. See the latest PPL Corp stock price (NYSE:PPL), related news, valuation, dividends and more to help you make your investing decisions. Retrieved July 27, 2021, from, Barrett, William P. (2021, May 14). In regard to specific age groups, in the third quarter of 2021 66.9% of 65- to 74-year-olds were retired, compared with 64.0% in the same quarter of 2019. In July 2020, DoD began the transition from the paper-based Uniformed Services Identification (USID) card to a more secure, Next Generation USID card. Those who cite retired as the reason for not being in the labor force (neither employed nor seeking work) constitute the retired population. Welcome to the September 2022 Retiree Newsletter! 0000008229 00000 n During the Great Recession and its aftermath, retirement rates declined. (n.d.). During its investor day, PPL plans to provide updated annualized dividend expectations and future dividend growth projections that are in line with earnings per share growth. 55% of workers aim to keep working in retirement 36. (Last updated 2020, Nov. 20). This partly reflects a steep drop in participation among 16- to 24-year-olds (66% to 56%) as young people increasingly pursued schooling rather than employment. (2020, April 06). From one perspective, people enter retirement when they leave the workforce and rely on savings and investments. News from Our Partners: Air Force Assistance Fund Campaign - 50 Years of Caring Title: Microsoft Word - PPL EU Business Account Price Sheet_12.01.2021.docx Author: E03528 Created Date: 1/10/2022 8:52:56 AM The COVID-19 outbreak has affected data collection efforts by the U.S. government in its surveys, especially limiting in-person data collection. (2021, Feb. 26). The company used to have a banquet once a year to honor the employees who retired in the last year; now, they. Also, from the perspective of the government, retirement occurs when you start to receive Social Security benefits. New from DFAS: Helpful Customer Information Guides for Retirees and Annuitants Identifying the Status of Spouse/Former Spouse SBP Coverage on your Retiree Account Statement (RAS) It is unclear whether the pandemic-induced increase in retirement among older adults will be temporary or longer lasting. Butch enlisted in the United States Army. More than 1/3 dated in the past five years. Make sure you have everything set up so you can get your tax documents for filing. Transamerica Center for Retirement Studies. For the best web experience, please use Edge or Chrome, as we no longer support updates for Internet Explorer. U.S. Census Bureau. Adjusting for special items . The CPS is based on a sample survey of about 70,000 households. Mesa, Arizona is the top city in our study where retirees are moving. Direct Deposit Information for SBP ChildAnnuitants Turning 18 (2020, Nov. 23). Yeah, a little bit of everything! Men also tend to have higher benefit amounts. Below is a long-term dividend history. In 2019, about 3,800 seniors moved to Mesa from a different state. Find out with our income calculator, Indias Sex Ratio at Birth Begins To Normalize. (2021, April 07). Gray Divorce Rate in the U.S.: Geographic Variation, 2017. Federal Reserve. 1615 L St. NW, Suite 800Washington, DC 20036USA startxref ppl dimensions. CRDP/CRSC Open Season - Frequently Asked Questions Transamerica surveyed thousands of working and retired folks in 15 countries to identify top goals. Number of retired workers receiving Social Security in the U.S. 2010-2021 Published by Statista Research Department , Sep 30, 2022 The number of retired workers receiving Social Security. In addition, there were policy changes in Social Security that may have impacted retirement decisions. Women, Marriage, and Retirement Risk. It is very important that a beneficiary or beneficiaries are designated in your retired pay account for your Arrears of Pay, and that the information provided remains up to date, Bill and Melinda Gates Are Getting Divorced. 0000003003 00000 n Retrieved July 27, 2021, from, Freed, Stacey. The resulting loss of wealth induced some older workers to remain in the labor force and postpone retirement. The CPS microdata files analyzed were provided by the IPUMS at the University of Minnesota. 20 years: Length of time people in the military can serve and receive retirement pay 35; 2.19 million: Estimated number of military retirees in 2021; 2.28 million: Forecasted number of military retirees in 2031; Retired and Still Working. (2016). Despite COVID-19 Concerns, Many Boomers Plan to Travel in 2021. Newly published labor force projections from the Bureau of Labor Statistics suggest it will be temporary. Dental. 0000004548 00000 n What the data says about gun deaths in the U.S. What the data says about abortion in the U.S. Are you in the American middle class? Retrieved July 27, 2021, from, Retirees Greatest Fears Infographic. Retrieved July 27, 2021, from, Most Popular Accounts for Retirement Savings in the United States in 2020. | Careers FSA Parking: $265 max/month. Powers of Attorney/Third Party Representatives for Retirees, Powers of Attorney/Third Party Representatives for Annuitants, Survivor Benefit and Arrears of Pay Frequently Asked Questions, The Fiscal Year 2023 National Defense Authorization Act: Survivor Benefit Plan Open Season, Theres Still Time to Get a Head Start on Tax Season, myPay: How to Reactivate Your Account or Get Started, Your Retiree Account Statement (RAS) Shows Your Current SBP Coverage, Click here to download a PDF of the December 2022 Retiree Newsletter, Employment Compensation from a Foreign Government Can Impact Your Retired Pay, Time to Check and Update Your Beneficiary Information, News from Our Partners: Retired Members - Take advantage of your FEDVIP enrollment period, News from Our Partners: Air Force Assistance Fund Campaign 50 Years Of Caring, The SBP-DIC Offset Phased Elimination: What Surviving Spouses Need to Know About Phase Two and Phase Three, The SBP-DIC Offset Phased Elimination: Phase Two is Here, What Surviving Spouses Need to Know: Survivor Benefit Plan (SBP) 2023 Elimination of the Optional Annuity for Dependent Children and Reversion of SBP Annuity to Surviving Spouses, Educating Your Beneficiaries Before Your Final Paycheck AOP, Identifying the Status of Spouse/Former Spouse SBP Coverage on your Retiree Account Statement (RAS), Elimination of Multiple RAS Mailings to Reduce Confusion and Costs, School Cert Season Is Here Again Steps to Take for Your College-Age SBP Child Annuitants, Direct Deposit Information for SBP ChildAnnuitants Turning 18, News from OurPartners: Change in Temporary Guidance for USID Cards, News from Our Partners: Air Force Assistance Fund Kicks Off Annual Campaign for Charities, News from Our Partners: Recently Retired from Service?
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