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Search Tags: benefits
Health insurance premiums on average are going up next year. While the increase isn't as high as many experts predicted it will still be a jolt to feds who have been on a pay raise diet for the past three years, Senior Correspondent Mike Causey says. Then there is the question of whether that "average" increase is 3.7 percent or more like 4.4 percent?
Health premiums for federal employees are going up an average of 3.7 percent, according to the Office of Personnel Management. Postal Service employees, who separate negotiating rights over premiums, will see, on average, a 3.8 percent increase.
NARFE's David Snell will discuss the impact of a proposed change to how federal retirees' cost-of-living adjustments are calculated.
September 4, 2013
Funds in the Thrift Savings Plan took a plunge last month. With the exception of the government-securities G Fund, all the funds in the Thrift Savings Plan finished August in negative territory.
The launch of state insurance exchanges will have little impact on most federal employees, the Office of Personnel Management says. It's a different story for OPM, itself, however. Due to its experience managing the Federal Employees Health Benefits Program, OPM has been tasked with managing a part of the new health exchange system.
A proposed change to how federal retirees' cost-of-living adjustments are calculated could have a huge, negative impact, according to David Snell of the National Active and Retired Federal Employees Association. NARFE is urging its members and retirees to contact their congressmen during the week of Sept. 16 to express their opposition to the chained consumer price index.
Congress and some congressional staff members will no longer be eligible for the Federal Employees Health Benefits Program, when The Affordable Care Act goes in to effect in January. OPM explains what that means.