OPM Proposes Changes to Bring Federal Benefits Closer to Private Sector
Major changes to federal employee benefits would save about $143,509,000,000 over ten years according to new legislative proposals from OPM director Jeff Pon.
Federal employee pay news: If it impacts pay and benefits for federal employees, you’ll find it here. Stay informed about important topics such as annual federal pay raises, the GS pay scale, and Thrift Savings Plan (TSP) including the latest TSP performance updates. You will also find articles about the Federal Employees Health Benefits (FEHB) program, Federal Employees Group Life Insurance (FEGLI), and Federal Employees Dental and Vision Insurance Program (FEDVIP), or event legislation in Congress that could impact federal employees’ pay and benefits.
Major changes to federal employee benefits would save about $143,509,000,000 over ten years according to new legislative proposals from OPM director Jeff Pon.
In order to carry FEHB coverage into retirement, you must meet these requirements. The author also addresses some questions federal employees are likely to have.
Will federal retirees receive a COLA in 2019? How will this impact any federal employee pay raise?
These are some discounts that are available for federal employees and military members on things such as travel, cars and electronics.
There are three survivor annuity options for FERS employees. The author explains the differences and whether life insurance can serve as a replacement.
Which TSP fund has the best returns for April, the year-to-date and the past 12 months?
OPM has issued a new rule which it says will increase the number of FEHB plan options and potentially help lower costs.
FMLA requires agencies to allow qualifying federal employees to take up to 12 weeks of unpaid leave per calendar year for certain events.
Recent articles about a large pay deficit for federal employees may raise hopes for a significant raise in 2019. Don’t spend the money just yet though.
The 2019 Republican Study Committee budget blueprint includes a number of proposals to cut federal employees’ pay and benefits.