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…
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…
The Combined Federal Campaign has reopened so federal employees can contribute to charities during the coronavirus pandemic. Donations can be made from April 20 through June 30. The U.S. Office of Personnel Management, which runs the campaign, also known as the CFC, is offering the special solicitation period to support charities as they face unprecedented…
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 Serviceâs share of RHB premiums. The U.S. Office of Personnel…
Press Release – October 2, 2019 WASHINGTON, DC â The U.S. Office of Personnel Management (OPM) announced today that for plan year 2020, the average total premiums for current non-Postal employees and retirees enrolled in plans under the Federal Employees Health Benefits (FEHB) Program will increase 4.0 percent. This yearâs increase, while higher than last…
Objective: We performed procedures agreed upon by the U.S. Office of Personnel Managementâs (OPM) Inspector General and the OPMâs 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,…
Objective At the request of the U.S. Office of Personnel Management (OPM) Office of Inspector General, 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 objective was to assist the OPM in assessing…
Press Release – May 17, 2018 WASHINGTON, D.C. â Today, the U.S. Office of Personnel Management published its FY 2016 Official Time Report âOfficial Time Usage in the Federal Government â Fiscal Year 2016â to provide an overview of Taxpayer Funded Union Time within the Federal government. During FY 2016, unions represented 1,224,160 non-Postal Federal…
