For the first time in 12 years, the Federal Employees’ Group Life Insurance (FEGLI) is offering an “Open Season.” Here’s what you need to know.
Posts Tagged: FEHB
Last fall, when the 7.4% (on average) increase in FEHB (Federal Employees Health Benefits) premiums was announced by the government to employees and retirees, it was the largest premium increase since 2011.
http://www.psretirement.com/getting-ready-for-federal-retirement/ Getting ready for retirement means putting plans in place for perhaps one of the biggest transitions you will make in your life. Some things you should consider if you are planning to retire in 5 years. • Have a Federal Employee Benefit Analysis performed. • Ask your employer exactly what they can do in… Read more »
The Office of Personnel Management (OPM) has proposed a “Phased Retirement” program. Although implementation has not been announced, it may be valuable to our readers to get a jump start on what Phased Retirement is all about. The Office of Personnel Management realizes the importance of preserving and protecting institutional knowledge. As federal employees leave… Read more »
Our 2014 Leave Record & Scheduling Spreadsheet is now available for download to your desktop. Use it to automatically track your leave balances in all categories, annotate your schedule, and to establish realistic retirement target dates to maximize your benefits when you leave. This FREE spreadsheet automatically calculates your accrued annual and sick leave balances,… Read more »
Many federal employees and retirees alike are concerned about being forced out of the FEHB program and into local health care exchanges that are mandated by President Obama’s Affordable Care Act. I’m not sure why it was called the Affordable Care Act when in reality insurance costs have already increased considerably across all sectors since… Read more »