OPM | Postal Service Health Benefits (PSHB) Program Quick Facts

  Postal Service Health Benefits (PSHB) Program Quick Facts

"...The Postal Service Health Benefits (PSHB) Program is a separate program within the Federal Employees Health Benefits (FEHB) Program, administered by the Office of Personnel Management (OPM).

PSHB provides health benefits plans to eligible Postal Service employees, Postal Service annuitants, and their eligible family members. Postal Service employees and Postal Service annuitants are no longer eligible to enroll or continue enrollment in an FEHB plan as of January 1, 2025, and must have enrolled in a PSHB plan to maintain health coverage through the Postal Service.

If a Postal Service employee or Postal Service annuitant is covered under a family member’s FEHB plan not through the Postal Service, they can continue that coverage after January 1, 2025.

Former Postal Service employees and their family members who are on Temporary Continuation of Coverage prior to January 1, 2025, through their FEHB plan will continue with that FEHB plan after January 1, 2025...READ MORE"

Reference: www.opm.gov




 

Open Season under the new Postal Service Health Benefits (PSHB) Program

  Open Season under the new Postal Service Health Benefits (PSHB) Program

Open Season for health benefits is here!

It runs Nov. 11 through Dec. 9, and it marks the first Open Season under the new Postal Service Health Benefits (PSHB) Program.

What You Need to Know:

Automatic Enrollment: If your current health plan is transitioning to PSHB, you’ll be automatically enrolled in the same plan for 2025. No action needed unless you wish to switch. Make Changes: If your plan is not participating in PSHB, you must choose a new plan during this Open Season, or you’ll be automatically enrolled in a basic nationwide option.

Below are recent materials sent from OPM. Use them to help you set up your login.gov account and navigate the enrollment site. More information will be provided here as it becomes available.

Experiencing issues with login.gov? Try Form 2809! Postal Service Health Benefits program enrollment can be facilitated by completing form SF2809, Health Benefits Election Form, accessible on the OPM website and MyHR.USPS.gov. If more assistance is needed, click here.

Reference: www.nalc.org

...JOIN THE MAIL HANDLER BENEFIT PLAN



 

Office of Personnel Management proposes federal employees pay more for retirement

  Office of Personnel Management proposes federal employees pay more for retirement

"...Mr. Pon said the proposed changes would bring the federal government more in line with the private sector. "The employee retirement landscape continues to evolve as private companies are providing less compensation in the form of retirement benefits. The shift away from defined benefit programs and cost-of-living adjustments for annuitants is part of that evolution," Mr. Pon wrote..."

Reference: www.pionline.com  

OPM Guide to Voluntary Early Retirement Regulations (PDF)

  OPM Guide to Voluntary Early Retirement Regulations (PDF)

"...The Voluntary Early Retirement Authority (VERA) provides agencies the option to offer voluntary early retirement when restructuring as well as when downsizing. The voluntary early retirement provisions are the same under the Civil Service Retirement System (CSRS) and the Federal Employees Retirement System (FERS). The use of VERA is an option for increasing voluntary attrition in agencies that are undergoing substantial organizational change (e.g., reduction in force, reorganization, reshaping, delayering). Besides providing an incentive for employees to voluntarily retire or resign to avoid potential reduction in force actions, the agency may also offer VERA to employees in safe positions that could then provide placement opportunities for employees occupying surplus positions..."

Reference: www.opm.gov  

OPM Announces Open Season for Health Benefits, Dental and Vision Insurance, and Flexible Spending Accounts

 
OPM Announces Open Season for Health Benefits, Dental and Vision Insurance, and Flexible Spending Accounts
"...Enrollees with self-only coverage will pay, on average, $4.83 more each pay period (about $125 per year) next year. Family coverage will cost an average $11.12 more per pay period. FEHB enrollees pay - on average - 30 percent of the total cost of a plan's premium, while the government pays 70 percent. This year's Open Season begins November 10 and runs through December 8, 2008, giving employees the opportunity to change or add to their portfolio of health- and family-care insurance products..."
Reference: www.opm.gov