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’s share of RHB premiums. The U.S. Office of Personnel…

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USPS OIG: Independent Report on Employee Benefits

Objective: We performed procedures agreed upon by the U.S. Office of Personnel Management’s (OPM) Inspector General and the OPM’s Chief Financial Officer. This attestation engagement is an annual requirement of the U.S. Office of Management and Budget. Our objective was to assist the OPM in assessing the reasonableness of U.S. Postal Service employee health benefits,…

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ELM Revision: Special Circumstances Affecting Health Insurance Coverage

Effective September 12, 2019, the Postal Service™ is revising the Employee and Labor Relations Manual (ELM), sections 525.1 and 525.2, to align with updates dictated by the Office of Personnel Management (OPM). Other revisions include updating references to the Human Resources Shared Service Center (HRSSC) and the Self Plus One enrollment option. Although the Postal…

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USPS: Open season begins Monday, Nov. 12

Opening soon. Reminder: Open season, the annual period when Postal Service employees can change their health benefits or enroll in a new plan, begins Monday, Nov. 12. A variety of health, vision and dental coverage is available. On Tuesday, Nov. 13, the Postal Service will hold the first of four webinars for employees who want…

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USPS: Four types of health plans you can enroll in during open season

Ever wonder if you should have a different health plan? There are four types of health plans you can enroll in during open season, the annual period when Postal Service employees can make changes to their health coverage. The plan types are: Health maintenance organizations (HMOs), which provide care from in-network plan physicians and hospitals…

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OPM Announces 2019 Health, Dental, and Vision Program Premiums

Press Release – September 26, 2018 WASHINGTON, DC – The U.S. Office of Personnel Management (OPM) announced today that for plan year 2019, the average total premiums for current non-Postal employees and retirees enrolled in plans under the Federal Employees Health Benefits (FEHB) Program will increase 1.3 percent, which is the lowest increase since the…

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USPS OIG Report: Employee Benefits, Withholdings, Contributions, and Headcount Reporting 

Objective At the request of the U.S. Office of Personnel Management (OPM) Office of Inspector General, we performed procedures agreed upon by the OPM’s Inspector General and the Chief Financial Officer. This attestation engagement is an annual requirement of the U.S. Office of Management and Budget. Our objective was to assist the OPM in assessing…

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