The Office of Personnel Management has updated the handbook for the Federal Employees’ Group Life Insurance program more…
FEGLI Calculator: Calculating Federal Employees Group Life Insurance Options and Premiums
The FEGLI calculator will help you determine the face value and premiums of various combinations of FEGLI coverage plus plus view how the life insurance carried into retirement will change over time more…
Proposed Legislation Would Reduce Pay Disparities for Some Federal Employees
If passed, the Locality Pay Equity Act would reduce locality pay disparities for some federal employees more…
New 2024 Locality Pay Areas Finalized Affecting 33,000 Federal Employees
The Office of Personnel Management has finalized four new locality pay areas for 2024 adding approximately 33,000 federal employees to the locality pay system more…
Health Care FSA Contribution Limits Increase for 2024
Enrolling in an FSA during open season gives participants a pre-tax benefit that’s used to pay for eligible medical, dental, and vision care expenses not covered by a health care insurance plan more…
Senate Bill Would Increase COLA for Many Federal Retirees
If passed, the Equal COLA Act would end the disparity between the two federal retirement systems (CSRS and FERS) and ensure all federal retirees receive full cost-of-living adjustments on their annuities more…
80% of Retirees Want Better Inflation Protection
According to a new survey, 80% percent of retirees think Congress should beef up inflation protection by providing a cost-of-living adjustment (COLA) that more closely reflects inflation experienced by older adults more…
TSP Catch-Up Contributions Will Change in 2026
The Thrift Savings Plan will use a two-year transition period to conform to new IRS guidance regarding how some federal employees can make catch-up contributions to their TSP account more…
OPM Lists FEHB Plans Terminating in 2024
Enrollees in these terminating plans must make a positive election into another FEHB plan choice during open season or be automatically enrolled in the lowest-cost nationwide plan option… more…
Many Long-Term Care Insurance Enrollees Affected by Premium Increase Effective Jan. 1, 2024
FLTCIP enrollees were sent sent letters this month about the premium increase with personalized options more…