USPS: Policies Set on Automatic Enrollment in New Postal Health Plan

July 9, 2024 OPM has issued guidance on automatic enrollment in the Postal Service Health Benefits program for 2025 if U.S. Postal Service employees and retirees currently covered by the FEHB do not specifically elect an insurance plan in that new program during the open season this fall. Guidance recently posted by OPM, although dated…

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Federal Register: OPM Proposes Additional Requirements and Clarifications on PSHB

SUMMARY: May 24, 2024 The Office of Personnel Management (OPM) is issuing a notice of proposed rulemaking to clarify and establish additional requirements regarding the Postal Service Health Benefits (PSHB) Program, which was established pursuant to the Postal Service Reform Act of 2022. This proposed rule expands on previous regulations concerning the PSHB Program and…

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Federal Register issues Final Rule to OPM on Establishment of Postal Service Health Benefits Program

AGENCY: Office of Personnel Management ACTION: Final rule SUMMARY: This rule finalizes an interim final rule that established the Postal Service Health Benefits (PSHB) Program for Postal Service employees, Postal Service annuitants, and their eligible family members, pursuant to the Postal Service Reform Act of 2022. This Program will include health benefits plans available to…

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USPS: Bipartisan postal reform bill awaits president’s signature

The Postal Service Reform Act passed the U.S. Senate on March 8 with bipartisan support. Now that the bill has passed both houses of Congress, it heads to the White House for President Joe Biden‚Äôs signature. The legislation eliminates the Postal Service‚Äôs outdated, burdensome retiree health benefit prefunding requirement and integrates the organization‚Äôs retiree health…

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USPS OIG Report: Options to Reduce Unfunded Retirement Liabilities

Objective The Postal Service participates in three retirement plans: the Civil Service Retirement System (CSRS), the Federal Employees Retirement System (FERS), and the Postal Service Retiree Health Benefits (RHB). The first two are pension plans and the third is set up to fund the Postal Service‚Äôs share of RHB premiums. The U.S. Office of Personnel…

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NARFE: A Postal Reform Update and Why it Matters for All Federal Retirees

Here are the slides from today’s NARFE Webinar on proposed Postal Reform legislation and it’s effect on FEHB. – RZ Source: National Active and Retired Federal Employees Association

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