Benefits
Federal government employees enjoy a wide range of benefits that go far beyond insurance and retirement. Each agency is free to offer its own benefits package, but most people would agree that federal benefits as a whole are generous. But the many choices and options can be confusing. Drill down into the subtopics under Benefits in the menu above to find details on all the benefits programs.
Articles
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The Office of Personnel Management has released its biannual report of agency wellness programs, showing three agencies receiving perfect scores.
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In most years, federal annuitants receive cost-of-living adjustments (COLAs) to their annuities. In the second of two columns explaining COLAs, this week’s column discusses COLAs for those annuitants covered by the Federal Employees Retirement System (FERS). Included in the discussion is how the FERS COLA is determined and at what age FERS annuitants get their first COLA.
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In most years, federal annuitants receive cost-of-living adjustments (COLAs) to their annuities. In the first of two columns explaining COLAs, this week’s column discusses COLAs for those annuitants covered by the Civil Service Retirement System or CSRS. Included in the discussion will be how the COLA is determined and when the COLA becomes effective each year.
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QA
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Premiums are negotiated annually between the Office of Personnel Management and each insurance carrier. The maximum government contribution is 72 percent of the weighted average cost of all plans, not to exceed 75 percent of the cost of any specific plan.
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All employees in the Executive Branch who are participating in the FEHB and whose pay is issued by an Executive Branch agency are eligible to have their premiums paid with pretax dollars.
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There are several threshold requirements for any such payments. You must have had 18 months of creditable civilian service and (except in cases of accidental death) your surviving spouse must have been married to you for at least nine months at the time of death, or be a parent of a child of the marriage.
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