This article only pertains to FERS and qualifying for full immediate retirement. Look for future blogs on special provisions and additional retirement options with the FERS retirement system. WHAT FACTORS AFFECT MY ELIGIBILITY TO DRAW FROM FERS? Your...
1. WHAT IS THE FEDERAL EMPLOYEE RETIREMENT SYSTEM? The Federal Employee Retirement System (also known as “FERS”) was created by Congress on January 1st, 1987. It is comprised of three parts (think of them as three separate paychecks): FERS Pension Social...
SICK LEAVE VS. ANNUAL LEAVE: WHAT’S THE DIFFERENCE? Sick leave is a paid absence from duty for any of the following: Personal Medical Needs Family Care Bereavement Care of family members with a serious health condition Adoption-Related Purposes Annual leave is...
Eligible new employees are automatically enrolled in FEGLI Basic unless they waive the coverage. You may have enrolled in FEGLI Option C for your family coverage. Like all the other options, you must have basic enrollment in order to be eligible for this plan. FEGLI...
Eligible new employees are automatically enrolled in FEGLI Basic unless they waive the coverage. You may have enrolled in FEGLI Option B for your coverage. Like all the other options, you must have basic enrollment in order to be eligible for this plan. FEGLI Option B...
Eligible new employees are automatically enrolled in FEGLI Basic unless they waive the coverage. If you’re enrolled in Basic Coverage, you may have elected for Option A – also known as the Standard FEGLI option. FEGLI Option A is the cheapest life insurance option...