USPS: New law will effect employee health and retirement benefits.

April 12, 2022 The Postal Service reform legislation that President Biden signed into law on April 6 will involve changes to employees’ health and retirement benefits. USPS understands that employees have many questions, so here are a few things to know: • The law establishes the Postal Service Health Benefits (PSHB) Program, which will provide…

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USPS: Open season webinars – Employees can register for virtual sessions

The Postal Service is offering a special webinar for employees who want to learn more about their options during this year’s open season benefits enrollment period. The session, “Open Season 101,” is being offered several times throughout open season, which runs from Nov. 8-Dec. 13. Each session takes place through the Zoom videoconferencing platform; participants can…

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USPS: OPM Announces Updates to FEGLI

October 2021 The Office of Personnel Management (OPM) recently announced that effective October 1, 2021, FEGLI premium rates will change for some types of coverage. Premium rates for Basic Insurance for employees and Post-Retirement Basic Insurance with 50% Reduction and No Reduction will increase. Most premium rates for Option A, Option B, and Option C…

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USPS: Verify FEHB enrollments by Aug. 31

The Postal Service is reminding employees about an important deadline involving the Federal Employees Health Benefits Program. The U.S. Office of Personnel Management is requiring all federal agencies to verify eligible family members who are enrolled in the program, also known as FEHB, by Aug. 31. To comply with this regulation, USPS employees who are…

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USPS: Verify eligible family members for FEHB

The U.S. Office of Personnel Management is requiring all federal agencies to verify eligible family members who are enrolled in the Federal Employees Health Benefits Program (FEHB). This means that the Postal Service, the Office of Personnel Management and insurance companies that offer FEHB plans can request proof of family member eligibility from an employee…

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USPS OIG: Independent Report to OPM on Employee Benefits

Independent Report to OPM – Employee Benefits, Withholdings, Contributions, Supplemental Semiannual Headcount Reporting 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…

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USPS: Understanding Survivor Benefits

Do you know about survivor benefits and how they work? You can make one of the following survivor benefit elections to occur in the event of your death: No survivor benefits Full or partial annuity for spouse Full or partial annuity for former spouse Combination of full or partial annuity for a spouse and former…

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USPS: OPM clarifies pandemic leave effect on retirement deductions

The Postal Service wants employees who took leave under the Families First Coronavirus Response Act to know how it will affect their retirement deductions. The law, also known as the FFCRA, requires some employers to provide employees with emergency paid sick leave and expanded family and medical leave for child care. The leave benefit went…

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