Washington, DC – The U.S. Office of Personnel Management (OPM) launched the Federal Long Term Care Insurance Program (FLTCIP) Open Season which will run from April 4 to June 24, 2011. This is the first FLTCIP Open Season since 2002. “The Federal Long Term Care Insurance Program gives enrollees security and peace of mind as […]
Today, the USPS Office Of Inspector General responded to the OPM Office Of Inspector General’s “A Study of the Risks and Consequences of the USPS OIG’s Proposals to Change USPS’s Funding of Retiree Benefits” OPM’s study concluded: While we understand that the USPS is having financial difficulties, the OPM’s administration of the law has not […]
Today, the USPS Office Of Inspector General responded to the OPM Office Of Inspector General’s “A Study of the Risks and Consequences of the USPS OIG’s Proposals to Change USPS’s Funding of Retiree Benefits” OPM’s study concluded: While we understand that the USPS is having financial difficulties, the OPM’s administration of the law has not […]
The White House released the 2012 budget today. In the budget it proposes to reimburse USPS for $6.9 billion in overcharges for FERS retirees. But the repayment is spread over 30 years, including $550 million in 2011. Here is the summary from the White House 2012 Budget outlining provisions for USPS: The Administration recognizes the enormous […]
The Office Of Personnel Management issued the following anouncements: Annuitant Federal Tax Withholding Increase On December 16, 2010, Congress elected not to extend the “Making Work Pay” credit. The “Making Work Pay” credit, part of the 2009 Stimulus Package, expired on December 31, 2010. This could mean higher federal tax withholding amounts in monthly annuities […]
The Office of Personnel Management (OPM) is announcing an Open Season for the Federal Long Term Care Insurance Program (FLTCIP). All eligible individuals who are not currently enrolled in FLTCIP may apply for coverage, including employees, annuitants, and other members of the Federal family. Active workforce members, their spouses, and same-sex domestic partners of civilian […]
OPM Reiterates its position at Senate Subcommittee hearing that it does not have Authority to Reallocate USPS CSRS Overpayments OPM: Finding Solutions to the Challenges Facing the U.S. Postal Service STATEMENT OF JONATHAN FOLEY DIRECTOR OF PLANNING AND POLICY ANALYSIS U.S. OFFICE OF PERSONNEL MANAGEMENT December 2, 2010 We believe the assertion that OPM has […]
Office of Personnel Management Director John Berry pledged Wednesday to increase new retirees’ interim annuity payments — even if it means some will temporarily be overpaid. Currently, more than 38,000 recent retirees are receiving interim annuities — which are sometimes as low as half of what they are owed — for months while overwhelmed OPM […]
From the Office Of Personnel Management • The U.S. Office of Personnel Management (OPM) has announced that this year’s open season for health benefits, dental and vision insurance, and Flexible Spending Accounts will run from November 8 through December 13, 2010. This open season will give federal employees and retirees the opportunity to change their […]
Non-dependent children can join FEHBP as of January 1st, 2011. The child doesn’t have to be your own. It can be your gay partner’s or someone else’s. If it is your own child, the child can be married and have their own employer-sponsored insurance. Almost any child living with a federal employee can be added. […]