Simultaneous Membership in Medicare and FEHB
The author says that money is being wasted by the government to encourage retired federal employees to have both Medicare and FEHB coverage, something that he says isn’t necessary.
Federal employee pay news: If it impacts pay and benefits for federal employees, you’ll find it here. Stay informed about important topics such as annual federal pay raises, the GS pay scale, and Thrift Savings Plan (TSP) including the latest TSP performance updates. You will also find articles about the Federal Employees Health Benefits (FEHB) program, Federal Employees Group Life Insurance (FEGLI), and Federal Employees Dental and Vision Insurance Program (FEDVIP), or event legislation in Congress that could impact federal employees’ pay and benefits.
The author says that money is being wasted by the government to encourage retired federal employees to have both Medicare and FEHB coverage, something that he says isn’t necessary.
The Social Security Administration has announced that the maximum amount of earnings subject to the Social Security tax will climb 7.3% in 2017.
OPM has released the full 2016 FEVS results. While the data cover many aspects of federal employment, one topic they address is federal employees’ overall satisfaction with pay.
Which FEHB plans have the biggest monthly increases for an employee over last year? Which are the most expensive plans by employee monthly share? Which are the cheapest plans by employee monthly share? Here is a breakdown.
The average premiums under the FEHB are going up 6.2% in 2017. NARFE President Richard G. Thissen called the increase in enrollee costs “relatively modest.”
Federal employees under FLTCIP are facing a big hike in long-term care premiums. The author suggests they stay calm and explore other options.
The average rate increase for 2017 under the health insurance plan for federal employees (FEHB) will be 6.2% in 2017.
The possibility of a shutdown is again facing federal employees as the fiscal year draws to a close. What will happen to your pay if there is a partial government shutdown?
OPM has released a back pay calculator to help federal agencies calculate back pay awards and interest payments owed to federal employees who have faced unwarranted personnel actions against them.
Three Congressmen sent a letter to OPM requesting that the enrollment deadline for the Federal Long Term Care Insurance Program (FLTCIP) be extended so federal employees have more time to weigh their options in light of the steep premium increases they are facing.