Pay

Bill would impose five-year ban on VA executive bonuses

The House unanimously approved a bill that would ban performance bonuses for five years for Senior Executive Service employees at the Department of Veterans Affairs.

Benefits

Bill seeks to improve veterans benefits

The chairman of the Senate Committee on Veterans Affairs last month laid out details on comprehensive legislation he has introduced that would reform and improve the nation's veterans benefits programs.

Benefits

Postal unions pan revised reform bill

The unions that represent rank-and-file postal employees urged members of the Homeland Security and Governmental Affairs Committee to reject an amended version of a postal reform bill when it comes up for consideration by the committee this week.

Financial Planning

Special Feature: Informed Investor celebrates 500th column

This week, FEND published the 500th installment of Edward A. Zurndorfer's Informed Investor column. Since 2004, Informed Investor has been educating FEND readers on a wide range of subjects related to federal employee benefits and financial planning. On this anniversary, we took the opportunity to ask Ed some questions about himself and about the changes he's observed in the federal workplace over the past 10 years.

Employee Policy

Bill would improve wide range of veterans benefits

The chairman of the Senate Committee on Veterans Affairs this week offered details on sweeping legislation he has introduced that would reform and improve the nation's veterans benefits programs.

Pay & Benefits

No Christmas Eve Off for Federal Employees

Obama administration decides to keep government open on Tuesday.

Pay & Benefits

Will Feds Get Christmas Eve Off?

The holiday falls on a Wednesday this year, decreasing the likelihood of extra vacation.

Benefits

Open Season: Last chance to review for 2014 plan year

Employees who have not yet reviewed their FEHB coverage for the new year may want to look through the following quick summary of some of the things they should consider in making their decisions, based on recommendations from the Office of Personnel Management.

Benefits

Open Season: FSAs, HSAs and Health Reimbursement Arrangements

An important decision that employees have to make during the 2013 federal benefits “open season” is whether they want to enroll, or reenroll, in a Health Care Flexible Spending Account (HCFSA) and a Dependent Care Flexible Spending Account (DCFSA) for the 2014 plan year.

Benefits

Open Season: Selecting an FEHB plan: Don't focus solely on premiums—Part II

This second of two columns explaining medical, dental and vision insurance choices for employees discusses point-of-service (POS) plans, consumer driven health plans (CDHP) and high deductible health plans (HDHP).

Benefits

Open Season: Selecting an FEHB plan—Don't focus solely on premiums: Part I

Rising health insurance premiums are a reality for most individuals today and the FEHB program is no different. FEHB premiums will increase on average by 3.7 percent in 2014 over 2013 FEHB rates, slightly higher than the 2013 average increase of 3.4 percent. But when selecting a health insurance plan for 2014, employees should not focus solely on premiums as criteria for choosing the “best” FEHB plan.

Benefits

Bill would guarantee military death benefit during funding lapses

Two House lawmakers have introduced a bipartisan bill to ensure that government shutdowns would not prevent immediate payment of military death benefits.

Benefits

Open Season: Tackling this year's decisions

It's time again for that annual ritual: Federal benefits open season. From now through early December, Federal Daily will present a series of weekly, information-packed columns to help you sort through this year's health care and health savings options.

Benefits

New OPM guidance settles shutdown questions

The Office of Personnel Management this month released new post-shutdown guidance to agencies to help them resolve remaining pay and benefits questions in the wake of the government shutdown.

Benefits

DOL says feds must return unemployment compensation

The Department of Labor has issued guidance requiring states to recoup unemployment compensation they paid to furloughed federal employees during the 16-day government shutdown earlier this month.

Benefits

FMLA to cover feds with same-sex spouses

The Office of Personnel Management directed agency and department heads to make policy changes that will allow federal employees to use Family and Medical Leave Act leave to care for same-sex spouses.

Pay

OPM issues post-shutdown guidance on pay and benefits

The Office of Personnel Management in released new guidance to agencies to help them resolve pay and benefits questions in the wake of the government shutdown.

Benefits

Informed Investor: What is an 'insurable interest' for life insurance or survivor annuity purposes?

A life insurance company allows an “insurable interest” to be named as a life insurance policy beneficiary. The Office of Personnel Management also permits an insurable interest to be named as a CSRS or FERS survivor annuitant. This week’s column discusses who is a legitimate insurable interest for life insurance beneficiary and survivor annuity purposes.

Benefits

Pitfalls lurk in postal health proposal

A bill that would remove postal workers from the Federal Employees Health Benefits Program could offer advantages as well as pose disadvantages, according to a new Government Accountability Office report.

Benefits

Informed Investor: Are there viable alternatives to long-term care insurance?

Many employees have been advised by their financial advisors to buy long-term care (LTC) insurance in order to have a financially stable retirement. But LTC insurance may not be appropriate for some individuals. This week’s column presents some alternatives to buying LTC insurance, including a home equity line of credit, a refinanced mortgage, life insurance and annuities.