Tag: Benefits

Federal Employees Can Now Carry Over FSA Money

Filed in News by on September 7, 2014

A rule change recently announced by the Office of Personnel Management will allow federal workers to carry money on their flexible spending accounts into the next year.

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OPM’s Proposal to Expand FEHB: Is Agency Ignoring Existing Law to Avoid Healthcare Act Penalties?

Filed in News by on August 29, 2014

OPM has proposed to expand FEHB coverage to temporary employees with a full government contribution. The proposal does not address how the agency is able to ignore existing legislation in the new proposal and this issue is being questioned by the ranking member of a Senate committee.

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Expanding FEHB Coverage: What Will it Cost Agencies and Is it Legal?

Filed in News by on July 29, 2014

OPM has issued a proposed rule to expand coverage of the FEHB to temporary and seasonal employees employed an average of at least 30 hours a week over a twelve-month period. The proposal appears to be in conflict with legislation on the same topic.

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The Biggest Problem with Benefits Estimates

Filed in News by on July 20, 2014

Many federal employees receive Benefits Estimates when they’re planning their retirement. Getting a Benefits Estimate from your HR can be a helpful place to start, but there is a big problem that most federal employees miss.

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At the Brink of an Irreversible Mistake

Filed in News by on June 19, 2014

One federal employee ended up pulling his retirement paperwork before the big day because he almost made an irreversible mistake. He was relying on all the previous benefits estimates he had received from his human resources department, but at the last minute found out he wouldn’t be getting the pension he had expected. Learn from his story and make sure it doesn’t happen to you.

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Homicide, Suicide and A Federal Retirement Payment

Filed in News by on April 15, 2014

A retired federal employee killed his wife. Should the sons of the former federal employee receive the lump-sum payment from his annuity or should the son of the retired federal employee’s wife receive the money? The MSPB decides.

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How Much is the Maximum Annuity Supplement?

Filed in News by on April 14, 2014

The procedure for calculating the supplement is clearly spelled out in Chapter 51 of the CSRS & FERS Handbook, but it is a difficult process. The author offers a more concise explanation.

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How to Locate Individual Federal Employee Salaries

Filed in News by on April 12, 2014

How much does an individual federal employee make? The database of federal employee salaries has been updated with the latest available salary data and is now available for use.

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