Copyright 2023 SeniorLiving.org a Centerfield Media Company, Stats on Travel, Leisure, and Volunteer Activities, Retirement Prep Among Folks Who Are Not Retired, https://www.webmd.com/healthy-aging/news/20180503/sex-still-matters-to-many-seniors-survey-finds#1, https://www.aarp.org/home-family/friends-family/info-2021/best-cities-for-mature-daters.html, https://www.nbcnews.com/think/opinion/bill-melinda-gates-are-getting-divorced-so-are-increasing-numbers-ncna1266397, https://www.bgsu.edu/ncfmr/resources/data/family-profiles/allred-gray-divorce-rate-geo-var-2017-fp-19-20.html, https://www.morningstar.com/articles/943971/women-marriage-and-retirement-risk, https://transamericacenter.org/retirement-research/global-retirement-survey/infographics/retirement-health-concerns, https://transamericacenter.org/retirement-research/retiree-survey/retirees-greatest-fears, https://transamericacenter.org/retirement-research/global-retirement-survey/infographics/global-retirement-aspirations, https://www.aarp.org/research/topics/life/info-2021/2021-travel-trends.html, https://www.rbcwealthmanagement.com/us/en/research-insights/traveling-in-retirement-is-a-dream-but-high-costs-could-derail-plans/detail/, https://www.bostonpremierwealth.com/retirement, https://www.nps.gov/planyourvisit/senior-pass-changes.htm, https://www.pewresearch.org/social-trends/2016/02/18/3-well-being-of-older-adults-living-alone/, https://www.pewresearch.org/fact-tank/2020/04/06/older-people-account-for-large-shares-of-poll-workers-and-voters-in-u-s-general-elections/, https://americorps.gov/serve/americorps-seniors, https://www.aarp.org/content/dam/aarp/research/surveys_statistics/technology/2021/2021-tech-trends-older-adults.doi.10.26419-2Fres.00420.001.pdf, https://www.pewresearch.org/internet/2021/04/07/social-media-use-in-2021/, https://www.seniorliving.org/finance/senior-discounts/, https://www.seniorliving.org/retirement/money/, https://www.fidelity.com/viewpoints/personal-finance/plan-for-rising-health-care-costs, https://www.federalreserve.gov/publications/2021-economic-well-being-of-us-households-in-2020-retirement.htm, https://www.statista.com/statistics/194295/number-of-us-retired-workers-who-receive-social-security/, https://www.seniorliving.org/finance/senior-poverty-homelessness-statistics/, https://www.statista.com/statistics/559486/retirement-saving-triggers-in-the-usa/, https://transamericacenter.org/retirement-research/17th-annual-retirement-survey/17th-annual-infographics/age-started-saving-for-retirement, https://transamericacenter.org/retirement-research/global-retirement-survey/infographics/self-employed-retirement-savings, https://www.statista.com/statistics/1218439/value-retirement-savings-by-age-us/, https://www.statista.com/statistics/542709/accounts-used-for-retirement-savings-usa/, https://www.ebri.org/docs/default-source/rcs/2021-rcs/rcs_21-fs-3_prep.pdf?sfvrsn=73d83a2f_4, https://www.statista.com/statistics/502342/readiness-for-retirement-index-usa/, https://www.statista.com/statistics/217354/forecast-number-of-military-retirees-in-the-us/, https://www.aarp.org/work/job-search/info-2020/part-time-jobs-for-retirees.html, https://time.com/4726657/retirement-age-jobs/, https://transamericacenter.org/retirement-research/retiree-survey/where-to-live-in-retirement, https://www.ahcancal.org/Assisted-Living/Facts-and-Figures/Pages/default.aspx, https://www.census.gov/content/dam/Census/library/publications/2020/demo/p23-217.pdf, https://www.ssa.gov/benefits/retirement/planner/agereduction.html, https://www.ssa.gov/benefits/retirement/planner/1957-delay.html, https://faq.ssa.gov/en-us/Topic/article/KA-01897, https://www.census.gov/newsroom/stories/senior-citizens-day.html, Do Not Sell/Share My Personal Information, Limit the Use of My Sensitive Personal Information, 61% of older couples say that sex factors into their quality of life, 73% of retirees 65 to 80 are satisfied with their sex lives, 50% of men express strong interest in sex; 12% of women do, 50%+ of men are sexually active; 31% of women are, 45% of retirees in good to excellent health are sexually active compared with 22% of retirees who rate their health as fair to poor, 47% cite trust as most essential in a relationship. Browse Medicare Advantage HMO and PPO options.
The Institute of Electrical and Electronics Engineers (IEEE) has seated Marc-Andr De Looz, a senior engineer and project manager at the U.S. Department of Energy's (DOE) Princeton Plasma Physics Laboratory (PPPL), to a four-year term on its Fusion Technology Standing Committee.
Glassdoor is your resource for information about PPL benefits and perks.
(2021). Of the said amount, P1.38 billion were approved for30,772 retiree-pensioners who filed their applications through SSS branches, while the remaining P96.62 million were approved for 2,235 retiree . Not surprisingly, retirement savings decrease as people actually retire and use the funds they've earmarked.
(2020, Aug. 21). What you need to know about the SBP 2023 Active Duty/Line of Duty Optional Annuity for Dependent Children elimination and annuity reversion to surviving spouses.
(2020, Oct. 05). Welcome to the June 2022 Retiree Newsletter! 28 October '20. Retirees who are eligible for both CRDP and CRSC will receive an annual letter with instructions about how to change your election from one program to the other, if you choose. 28% of homes with residents 65 or older give seniors trouble with stairs. This is a moment-in-time measure, and increases reflect the net change of adults moving both into and out of retirement due to changes in labor force participation.
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Learn about PPL , including insurance benefits, retirement benefits, and vacation policy. Highlighted Image: 1200 x 717 pixels.
House prices have been rising in most markets.
PPL 21-041 December 8, 2021 Statista.
Retrieved July 27, 2021, from, Report on the Economic Well-Being of U.S. Directors Message
Annual Performer Review 2018-19. 0000037954 00000 n
Retrieved July 27, 2021, from, Frequently Asked Questions. Fidelity.
(n.d.).
The leading edge of the Baby Boomer generation reached age 62 (the age at which workers can . 0 8
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Retrieved July 27, 2021, from, Disconnect Between Future Health Concerns and Current Healthy Behaviors. 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.
(2021, April 07).
Bowling Green State University.
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 PPL Corporation (NYSE: PPL) on Friday (2/18) reported a 2021 net loss of $1.48 billion, or $1.93 per share, compared with reported earnings of $1.47 billion, or $1.91 per share in 2020. The annualized dividend paid by PPL Corp is $1.66/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 06/09/2021. Pakistan Petroleum Limited (PPL) operates 12 producing fields in Sui, Kandhkot, Adhi, Mazarani, Chachar, Adam, Adam West, Shahdadpur, Shahdadpur West.
28,900: Number of assisted living communities in the U.S. $48,000: Average yearly cost of assisted living. SeniorLiving.org. (2021, Jan. 19).
The retirement uptick among older Americans is important because, until the pandemic arrived, adults ages 55 and older were the only working age population since 2000 to increase their labor force participation. PDF.
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Retrieved July 27, 2021, from, Reasons for Starting to Save Money for Retirement in the United States in 2020. (2020, March 05). This sum includes Medicare premiums, copays, deductibles, and, 43% of retiree healthcare spending goes to copayments, coinsurance, deductibles, and similar expenses, 39% of healthcare spending goes to Medicare Part B and D premiums, 18% goes to generic, branded, and specialty drugs, 15%: Percentage of annual expenses retirees can expect to pay on healthcare costs, 33% of the people who take early Social Security retirement at 62 do so to help pay healthcare expenses, 79% of retirees get Social Security income (93% among retirees 65+), 59% receive pensions (68% among retirees 65+), 46% get dividend income, interest, or rental income (50% among retirees 65+), 32% draw from salaries, wages, or self-employment (25% among retirees 65+), 12% get cash transfers that aren't Social Security (7% among retirees 65+), 46.33 million retirees received Social Security in 2020, 90%: Percentage of cash income going to lower-income seniors from Social Security and Supplemental Security Income (SSI), 12.8%: Percentage of seniors 65 and older living in poverty, according to the supplemental poverty measure, $12,261: Poverty threshold for a single senior 65 or older, $15,453: Poverty threshold for couples 65+ with no children, Employer offered matching contributions 24%, Automatic enrollment in employers retirement plan 16%, 75% of self-employed folks feel personally responsible for ensuring adequate retirement income, 45% of self-employed people expect their retirement income to stem from savings and investments (vs. 32% for employed workers), About 75% of non-retired adults have some savings for retirement; just 36% see their savings as being on track, About 25% of non-retired adults have no retirement savings, 54% have defined contribution pensions such as 401(k)s and 403(b)s, 48% possess savings that aren't in retirement accounts, 12% have other types of retirement savings, Regular savings account 55% of survey respondents had this type of account, 401(k) 54% of survey respondents had this type of account, Traditional IRA 20% of survey respondents had this type of account, Roth IRA 19% of survey respondents had this type of account, Certificate of deposit 19% of survey respondents had this type of account, Annuity/life insurance policy 17% of survey respondents had this type of account, Taxable investment account 17% of survey respondents had this type of account, 29% of workers are very confident they will have the resources for a comfortable retirement, 21% strongly agree that retirement prep stresses them out, 49% of all workers have estimated how much money they need monthly for a comfortable retirement, 38% have estimated their health expenses in retirement, 43% plan for emergency expenses when doing retirement savings, 39% have considered the amount of money to withdraw in retirement, 33% are working with a financial professional; 38% who aren't currently working with one expect to later, 51% have thought about how they're going to occupy themselves when retired, 5.57: U.S. retirement readiness index score in 2012 (1 to 10, 10 being the highest score), Forced to retire or no work available 11%, 20 years: Length of time people in the military can serve and receive retirement pay, 2.19 million: Estimated number of military retirees in 2021, 2.28 million: Forecasted number of military retirees in 2031, 53% will work because they need the extra money, 39% say work will be good for their brainpower, 34% point to work as giving them a sense of purpose, 21% like the idea of working since it fosters social connections, 2x: Likelihood that a worker 65 or older is part-time vs. a worker 25 to 64 years old, Farmers, ranchers, and other agricultural managers 12.7%, Bus and ambulance drivers and attendants 12.6%, Real estate brokers and sales agents 11.7%, Musicians, singers, and related workers 10.9%, Access to hospitals and great healthcare 48%, 35 million (or about 70% of seniors): Number of seniors who live alone or with a spouse/partner. (2021, March 02).
As its name implies, EQR is a residential REIT focused on apartment buildings in major cities around the country Washington, DC; New York; Denver; Seattle; southern California to name a few.. 0000018047 00000 n
Dublin, Jan. 18, 2023 (GLOBE NEWSWIRE) -- The "3D Printing in Healthcare Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to.
Annual Performer Review 2019-20. Statista. (2021, July 07). 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 Welcome to the September 2022 Retiree Newsletter! We are halfway through the second phaseand 2023 is right around the corner.
55% of workers aim to keep working in retirement 36. Of course, a decent chunk of retirees split up. Retirement is not necessarily permanent, as some retired adults may subsequently reenter the labor market. - Achieves earnings from ongoing operations of $0.28 per share. Editor-Kevin Amerman, corporate communications specialist (610) 774-6841 | kmamerman@pplweb.com Providing insight, perspective and analysis of PPL news, strategies and people to engage employees . The CPS microdata files analyzed were provided by the IPUMS at the University of Minnesota. Norton, Amy.
Child annuitants between the ages of 18 and 22, attending school on a full-time basis, will soon start receiving their annual school certification packets. DHE 82-0270-2 a depoului Suceava Nord trece prin Putna cu Trenul Regio 5628 Putna-Suceava 14.06.2021 0000006355 00000 n
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The Palm Beaches, Florida. Tuesday, November 2, 2021 Catch up on the latest news for retirees in the November issue of New Dimensions.
(2021, May). Vision.
(2021, Feb.).
States with the highest gray divorce rates per 1,000 women:6, States with the lowest gray divorce rates per 1,000 women:6, Almost 10%: Percentage by which a previous divorce increases retirement financial risk for women who are currently married.
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. Retrieved July 27, 2021, from, Stepler, Renee.
Most retirees don't have pension plans and Social Security income isn't enough to maintain a pre-retirement standard of living.
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What surviving spouses and child annuitants (or their parents/guardians) need to know and do to prepare for the 2023 changes to the SBP Optional Annuity for Dependent Children New from DFAS: Helpful Customer Information Guides for Retirees and Annuitants
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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? Retrieved July 27, 2021, from, Wilson, Chris. Between 2008 and 2019, the retired population ages 55 and older grew by about 1 million retirees per year. Benefits information above is provided anonymously by current and former PPL employees, and may include a summary provided by the employer.
(+1) 202-419-4372 | Media Inquiries.
Bill and Melinda Gates Are Getting Divorced. Women, Marriage, and Retirement Risk. --PPL Corporation on Friday reported a 2021 net loss of $1.48 billion, or $1.93 per share, compared with reported earnings of $1.47 billion, or $1.91 per share in 2020.. Special items were .
All Uniformed Services ID (USID) Cards issued to retirees and their dependents, that were previously extended in accordance with Department of Defense (DoD) temporary guidance for USID cards during the COVID-19 pandemic, expired January 31, 2022, and must be replaced Retrieved July 27, 2021, from, Barrett, William P. (2021, May 14).
(n.d.). Forecast of the Number of Military Retirees in the United States from 2021 to 2031. 665 . As highlighted in the report, PPL's 2021 ESG accomplishments included: Clean Energy - We set a new goal to achieve net-zero carbon emissions by 2050, with interim reduction targets of 70% by .
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.
Retrieved July 27, 2021, from https://www.forbes.com/sites/williampbarrett/2021/05/14/the-best-places-to-retire-in-2021/?sh=132105387106, Brandon, Emily. 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. Well-being of older adults living alone. If you need to change the bank account for your direct deposit, or change an allotment, make sure you allow a window of time for the change to be processed. For involuntary retirements, the most common reasons are: 29% of people who retired in the year prior to May 2020 cited COVID-19 as a factor. Any third party contributor to any such profile, article or video has been compensated by SeniorLiving.org for such contribution.
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Department of StateCivilian Personnel Mgmt ServiceDTS Travel CenterSystem for Award Mgmt (SAM) Congressional/Legislation
2018 by PPL CORPORATION CONTENT Cover story 3 Delivering today for a brighter tomorrow PPL's sustainability commitments
That means helping the communities where we live and work thrive and grow. 0000047915 00000 n
Retrieved July 27, 2021, from, Self-Employment Requires Retirement Self-Reliance. 2: Number of critical home accessibility designs for aging in place.
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(2021, Jan. 14). We are working to prepare the forms, policies, and processes.
Take Advantage of Your FEDVIP Enrollment Period, Click here for a PDF of the March 2022 Retiree Newsletter, Hosted by Defense Media Activity - WEB.mil.
Suppose you were born in 1957 and have a full retirement age of 66 years, 6 months.46, After 70, you can keep delaying if you want, but it doesn't increase your monthly benefit amounts anymore.47.
Welcome to the June 2022 Retiree Newsletter! Report outages or power problems 24x7 at.
The financial context in which older adults are making retirement decisions during the pandemic is markedly different from the Great Recession. |
Some married retirees divorce, while others travel the world with their spouses.
Retrieved July 27, 2021, from, Frequently Asked Questions.
Retrieved July 27, 2021, from, Seniors and Poverty/Homelessness Statistics. Get caregiver alerts and 24/7 Urgent Response through your Amazon Echo!
Welcome to the December 2022 Retiree Newsletter! 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, (2016, Feb. 18).
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Retrieved July 27, 2021, from, Retirees Greatest Fears Infographic.
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Figure 11.5: Among Large Firms Offering Health. If you would like to support this years AFAF Campaign, giving is easier than ever and can be done at any time during the year.
You have 31 days from the date your active employee coverage ends to convert coverage.
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