My Federal Employee Benefits

05/28/2024

There is no longer a 30-day waiting period between TSP withdrawal requests.

No 30-day waiting period between withdrawal requests — If you request a withdrawal from your TSP account, you no longer need to wait 30 days to request another withdrawal. Removing the 30-day waiting period gives you even more flexibility in planning your withdrawal strategy, along with multiple w...

04/22/2024

Happy Earth Day!

04/18/2024

Starting in Open Season this fall, agencies will be required to validate participant eligibility of a random sample comprising at least 10% of FEHB elections for both Self-Plus-One and Self-and-Family enrollments.

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04/17/2024

The monthly average processing time for Retirement Applications in March increased to 55 days — up from 47 days in February but down from 69 days a year ago.

While the backlog of inventory the monthly average processing time for March increased to 55 days — up from 47 days in February, but down from 69 days a year ago.

08/12/2023

If your agency undergoes a major reorganization, reduction, or transfer of function, and a significant percentage of the employees will be separated or reduced in pay, the head of your agency may ask OPM for a Voluntary Early Retirement Authority (VERA).

08/11/2023

Phased Retirement is when the retiring employee works on a part-time basis for a limited period. During that time, their pay is split between employee pay and annuity payments. The employee also continues to receive additional service credit towards full retirement.

08/10/2023

Deferred Retirement is for FERS employees who leave Federal Service before the minimum age they could retire, given the number of years of his/her creditable service.

08/09/2023

Disability Retirement has specific medical requirements and service requirements. Disability Retirement also has a different annuity computation than Voluntary Retirement.

08/08/2023

Early Retirement is similar to Voluntary Retirement, except there are different age and service requirements, and the annuity may begin at an earlier age than a Voluntary Retirement. Early Retirement provisions often have other special requirements.

08/05/2023

Voluntary Retirement is the most common type of retirement. Eligibility is primarily based upon age and the number of years of creditable service at retirement.

08/04/2023

There are five types of Retirement for Federal Employees: Voluntary, Early, Disability, Deferred, and Phased.

07/28/2023

Feds who work for 130 hours per month, for at least 90 days on temporary, seasonal, or intermittent schedules, are officially able to enroll themselves and eligible family members for dental and vision benefits in FEDVIP.

A final rule from the Office of Personnel Management extends FEDVIP enrollment options to nearly 200,000 seasonal, temporary and Postal employees.