The Postal Service wants employees to have up-to-date beneficiary forms for life insurance and other benefits. While completing a beneficiary form is not mandatory, doing so allows an employee to choose who will receive payment. If an employee does not name a beneficiary, payment will be made to the next of kin according to a…
The Postal Service wants employees to use caution when reviewing promotions for Federal Employee Group Life Insurance (FEGLI) alternatives. USPS employees recently began receiving emails from Premier Protection Insurance that offer several alternative FEGLI plans. The plans arenât associated with the Postal Service and arenât supported by the Office of Federal Employeesâ Group Life Insurance,…
Itâs now easier for Postal Service employees to sign up for life insurance or make changes to their coverage. USPS has added a Federal Employee Group Life Insurance (FEGLI) module to PostalEASE thatâs similar to the platformâs health insurance, tax and banking modules. The new module allows current employees to reduce their current FEGLI elections,…
The Postal Service is mailing all employees a personal benefits statement that details their overall compensation package. When you receive your statement, USPS wants you to pay close attention to the following information: ⢠What you paid in 2018 for health benefits. Many employees pay for more health insurance than they need, often giving up…
The Postal Service is mailing every employee a personal benefits statement that details his or her overall compensation package. When you receive your statement, USPS wants you to pay close attention to these three sections: ⢠What you paid for in 2017 for health benefits. Many employees pay for more health insurance than they need,…
BACKGROUND At the request of the U.S. Office of Personnel Management (OPM) Office of Inspector General (OIG), we performed procedures agreed upon by the OPMâs Inspector General and the Chief Financial Officer. This attestation engagement is an annual requirement of the U.S. Office of Management and Budget. Our objectives were to assist OPM in assessing…
By Joe Davidson – April 11, 2017 Itâs bad enough for family members when a loved one dies. Getting cheated by Uncle Sam afterward makes it worse. He did that in cases involving more than 2,000 beneficiaries who didnât get the full benefit of U.S. Postal Service life insurance policies. After waging a losing fight,…
The Federal Employeesâ Group Life Insurance Program (FEGLI) open enrollment period begins Sept. 1. During the 30-day open season, eligible Postal Service employees can enroll in FEGLI or increase their coverage up to the program maximum without having a âqualifying life event,â answering medical questions or having a physical exam. FEGLI highlights: The program offers…
