[â]omniscented[S] 2 points3 points4 points 4 months ago (1 child). Would love to see it. Reddit communities reflect how varied, sprawling and ever-changing we are as a society, and as people. Also they seem to allow an additional 6k in investment after 50. Thanks for reminding me of this, and hope this helps others. and join one of thousands of communities. Understanding Your Federal Employee Benefits & Planning Your Retirement Understanding Your Federal Employee Benefits & Planning Your Retirement Understanding Your Federal Employee Benefits & Planning Your Retirement . Looks like you're using new Reddit on an old browser. My numbers from GRB Platform: Total Benefits (cost from agency for these benefits, such as Health Insurance, Retirement pension, TSP matching, Social Security, Medicare, Life Insurance, etc.) 3) It provided estimated payments for a TSP annuity would be at various balances. When I was in the military I had donated to charities through the Combined Federal Campaign, and now that I am a federal employee I figured I would do so again. get them help and support. Use this link to compare plans: https://www.opm.gov/healthcare-insurance/healthcare/plan-information/compare-plans/. Competitive salaries designed to reward education, experience and performance 2. (Useful for comparing private sector employment offers). https://civilianbenefits.hroc.navy.mil for those with DoN. Is anyone here a Federal Employee in the Federal Employees Retirement System (FERS)? Get an ad-free experience with special benefits, and directly support Reddit. What the payout for your annual leave would be, what your deferred annuity would be, etc. Haven't tested it on RDTE DREN for a long time. Yeah, each agency can choose its payroll service provider. 4201 Spring Valley Road Suite 230 Dallas, TX 75422. About Us. Non-Federal Employee Benefits Health Ins./Medicare Pension & 401(k) Social Security. Federal Employee Benefits Statement: A gold mine for all your obsessive FI planning needs. There is a wide selection of plans to choose from including, âConsumer-Driven and High Deductible plans that offer catastrophic Maybe I'm late to the party on this, but I was just farting around on Employee Express and noticed the Employee Benefits Statement feature for the first time. BoP FIRE, anyone familiar with their retirement packages? Popular Posts. (e.g., will I be eligible for the FERS social supplement?). This material focuses on benefits issues Federal employees, retirees and their survivors may face as a result of an emergency such as a hurricane, pandemic health crisis, or terrorist attack. [â]omniscented[S] 4 points5 points6 points 4 months ago (5 children), After you login, bottom of the menu on the left side, [â]coldbearded 1 point2 points3 points 4 months ago (4 children). For example, my payroll is done by USDA NFC and our statement is in myepp. The unique opportunity for managers to earn annual incentive payments based on individual and agency performance 4. Glassdoor is your resource for information about Reddit benefits and perks. Federal Employee Benefits and Centaurus Financial, Inc. are not affiliated. Honestly, public sector benefits are what everyone should be getting, and the pay in public sector is shit compared to private. [â]DBCOOPER888 1 point2 points3 points 3 months ago (2 children). As I just stated my agency uses myepp. ), 4) It shows total dollar value of non-salary benefits, including TSP contributions, agency contributions to FERS annuity, health premiums, etc. For professionals in my field, the full package (lower salary, plus pension) isn't all that different from what the private sector offers (higher salary, no pension). I love that you can indulge your interests in weird cat memes as equally as your political, news-minded or sci-fi curiosities. [â]Wombat_Vigoda 2 points3 points4 points 4 months ago* (8 children). The federal government version of a 401k is the TSP. In the event of a pandemic health crisis, benefit procedures ⦠Health Insurance - Closest Thing To Federal Employee Health Benefits? The FERS Supplement At A Glance. Federal employees, retirees and their survivors enjoy the widest selection of health plans in the country. I don't know about employees express. About Us. ETA: Beware this doesn't work outside of NMCI VPN as far as I can tell. Stupid Question: How do you actually retire early? Plus anyones experience working with that system to maybe reassure me so I don't feel so overwhelmed. 2) It shows you what your benefits would look like if you resigned today. Performance-base⦠It has an INSANE amount of personalized information for retirement planning. Where can I locate this on employee express? I have an active FSA account and took an Uber to a doctorâs appointment yesterday. The link is on the menu bar on the left, under Miscellaneous. Keeping your Federal Employee Health Benefits (FEHB) in retirement is possible, but you have to meet certain criteria to be eligible. The Federal Healthcare Benefits Program, or FHBP, provides the widest selection of health care plans of any U.S. employer. ... help Reddit App Reddit coins Reddit premium Reddit gifts. New User. Learn about United States Federal Government , including insurance benefits, retirement benefits, and vacation policy. remember me reset password. The site may not work properly if you don't, If you do not update your browser, we suggest you visit, Press J to jump to the feed. Office: (972) 269-5485 I would paste in the number, but I think itâs against reddit doxxing rules since thereâs no way to tell if Iâm posting the real number or someoneâs personal number. The 4 Things You Need To Know About The FERS Supplement (VIDEO) January 4, 2021. get reddit premium. Same for me. This is the first time I've heard of this Employee Express. I am amazed taxpayers willingly go along with paying for lucrative benefits that private-sector workers can only dream of. You could try submitting a help request - âcontact usâ at the bottom. I also checked the oldest one I have saved on my computer, which is from 2012, and that was 131%, so pretty consistent. The requirements are specific and strict, so a slight deviation from the norm can mean that you could lose your eligibility for this valuable retirement resource. The open season for making that choice runs through Dec. 12. I am just digging into the healthcare information. My Federal Employee Benefits. The Federal Employees Health Benefits (FEHB) Program. Your benefits are worth more than your salary? All this is a little overwhelming. I'm not a fed employee yet... waiting for my EOD... can anyone share what this number is for them? (I don't expect many of you would go this route but it's there if you want to compare. The Office of Personnel Management recently released results of the latest Federal Employees Benefits Survey which, in their words, âis designed to ⦠I think the TSP is one of the greatest benefits for federal employees so I max mine out. This subreddit is for sharing news and information regarding the inner workings of the US Federal Government for Federal Employees. Also it looks like the gov pays 70% of health insurance costs but has a bunch of different plans that I am still trying to dig through. [â]coldbearded 1 point2 points3 points 4 months ago (2 children). Press question mark to learn the rest of the keyboard shortcuts, https://www.vacareers.va.gov/Benefits/EmploymentBenefits/#insurance, https://www.opm.gov/healthcare-insurance/, https://www.opm.gov/healthcare-insurance/healthcare/plan-information/compare-plans/. I have not started yet so don't have any of it in front of me but just wondering if any VA employees could straighten me out or point me in the right direction. Federal Employee Benefits Statement: A gold mine for all your obsessive FI planning needs!FEDERAL (self.govfire). No, sorry, the benefits + salary add up to 130% of my salary. The government publishes new pay tables for federal employees every year. However, I had previously been under the impression that the donations were pre-tax, which I found out is not the case. FEDERAL Maybe I'm late to the party on this, but I was just farting around on Employee Express and noticed the Employee Benefits Statement feature for the first time. There is an additional catch-up contribution of $6k allowed for people who are 50 or older. I don't know if MyPay or the other payroll sites have something similar, but if you have Employee Express it's definitely worth checking out. Most federal positions are vested (you keep the agency contribution and matching when you leave) after 3 years of service, but a few are after 2 years. The VA will automatically contribute the equivalent of 1% of your salary to the TSP. Blows my mind how different this stuff is, even when it's the same payroll provider. Sorry for any false hope. Under âMiscellaneousâ heading i see 9 options, itâs #6 âFederal Employee Benefits Statementâ, [â]SunshineDaydream128 0 points1 point2 points 4 months ago (0 children). I think usually around the middle of the year they post your statement with data as of the beginning of the year. And lots more that's less FIRE-focused (death benefits, short term disability info, military service, etc). Office: (972) 269-5485 The radically low expense ratios and simplicity are hard to beat. ... Are you a Federal Employee or contractor? My FED Benefits is a free resource for all Federal employees, helping them with benefit and retirement questions and challenges. 4201 Spring Valley Road Suite 230 Dallas, TX 75244. If not, your HR folks might provide one on request. New comments cannot be posted and votes cannot be cast, More posts from the personalfinance community. Well usually it recommended to only invest up to the matched amount in company sponsored 401k. So I am taking a position with the Veterans Administration.Having run my own business for the last 10 years or so it is daunting reading over their health information and retirement plans. [â]coldbearded 1 point2 points3 points 4 months ago (6 children). Federal Employee Benefits Statement: A gold mine for all your obsessive FI planning needs! [+]dopexile comment score below threshold-8 points-7 points-6 points 4 months ago (3 children). It's the benefits. Time for federal employees to choose health insurance plans from within the Federal Employees Health Benefits Program. The FEHB Program can help you and your family meet your health care needs. © 2021 reddit inc. All rights reserved. When my first plan to lean fire at 35 as a single guy didn't work out, I laid out a second plan to fat fire at 57. Get an ad-free experience with special benefits, and directly support Reddit. Here is the simple one: https://www.vacareers.va.gov/Benefits/EmploymentBenefits/#insurance Here is the bit that is making me cross eyed: https://www.opm.gov/healthcare-insurance/ (insurance and retirement stuff). It includes the govt part of health and life insurance and TSP match. Ah, bummer. It also shows various survivorship scenarios. As for the insurance options, I am about to sign up myself but in my research and speaking with colleagues, people seem really happy with GEHA and the BCBS basic plan. Yep. I could easily double my salary by going private sector. BENEFITS FBI benefits plans are designed to foster health, happiness and satisfaction, to be a positive motivating factor, and to help each and every one of our employees best contribute to our mission. What are your questions about health care? That's right what mine is, too. It's the same as for any employer account (TSP, 401k, 403b, etc.). login. Office: (972) 269-5485 [â]SunshineDaydream128 18 points19 points20 points 4 months ago (4 children). Anyone know if this is available on mypay? Iâm at VHA. Reg Jones. Those are not VA rules or TSP rules. So, the number is you got is not benefits are worth more than salary, it's the total compensation (salary plus benefits). The VA will automatically contribute the equivalent of 1% of your salary to the TSP. Anyway it looks like they match investment in retirement up to 5% of my income. Been trying to calculate my options for months now, with no cut and dried "if x, then y" from HR. Rendered by PID 13196 on r2-app-068b1389e337bf462 at 2021-02-04 11:50:21.646983+00:00 running 7743784 country code: GB. [â]npsimonsFERAL 7 points8 points9 points 4 months ago (0 children). Federal Employee Benefits Advocates (FEBA) is an approved contractor (CAGE code: 7QGU4) that focuses strictly on education. redditor for just now. Just to add, this information varies agency to agency. This is not an offer to sell securities, which may be done only after proper delivery of a prospectus and client suitability has been reviewed and determined. The net present value of a FERS pension can be worth over a million dollars. Impact of LWOP-US on Fed LEO creditable years. Definitely put at least 5% into TSP if you can afford it, as you get the 5% match (essentially a free 5% raise). My Federal Employee Benefits. Your federal retirement benefits represent potentially one of the most valuable assets you possess. Thanks that cleared up a little. Federal Employee Salaries. Federal Employee Benefits and Centaurus Financial, Inc. are not affiliated. Federal Employee Benefits Advocates, LLC is independent educational organization and is not a government agency or affiliated with the federal government.The Federal Government does not favor, endorse, or recommend any commercial company, product, or the views of Federal Employee Benefits ⦠Also if you're wanting to see your copy of this, they only generate it once a year. Search for: Search. And my agency isn't exactly known for being flush with resources either. Can you point out where this option is on employee express? Pay Scales for Federal Employees. takes around 28.40% of 'Total Compensation', while the Base Salary takes the rest (71.60%). EDIT: Sorry for the confusion, my total compensation (salary plus benefits) are 130% of my actual salary, so the benefits are an additional 30% on top of the salary. If you contribute at least 5% if your own money, they'll contribute another 4% (100% of the first 3% and 50% of the next 2%). How do you think public sector keeps employees around? These limits are seperate from the limits for IRAs ($6000/year plus an extra $1000 for those 50 or older). Bummer. NFC myEPP Financial Allotment - a direct deposit? Hi. Benefits for Federal employees and eligible family members remain unchanged during a public health emergency such as a pandemic influenza outbreak. The government pays most of the cost for these benefits and the employee's cost is deducted every other week from his/her pay. Federal Employee Benefits offers two distinct services for all Federal Employees in helping them with their retirement preparation:. https://www.employeeexpress.gov/AgencyList.aspx, [â]omniscented[S] 0 points1 point2 points 3 months ago (1 child). The Best of 2014, GovLoop Style ⢠GovLoop December 26th, 2014 . Learn about Reddit , including insurance benefits, retirement benefits, and vacation policy. [â]omniscented[S] 0 points1 point2 points 4 months ago (0 children). I write about Federal Employee benefits in a way that is easy to understand. Federal_Employee312 1 post karma 0 comment karma send a private message. REDDIT and the ALIEN Logo are registered trademarks of reddit inc. π Rendered by PID 13196 on r2-app-068b1389e337bf462 at 2021-02-04 11:50:21.646983+00:00 running 7743784 country code: GB. The OPM Website has a wealth of information about employee and family support benefits and policies. [â]dopexile -3 points-2 points-1 points 4 months ago (0 children). It was established based on the principle of advocacy, and its mission is to provide educational support to Federal agencies and their employees. Benefits information above is provided anonymously by current and former Reddit employees, and may include a summary provided by the employer. Welcome to Reddit, the front page of the internet. [â]TDStrange 1 point2 points3 points 4 months ago (0 children), Ballpark estimator can do a lot of this too, [â]dopexile -3 points-2 points-1 points 4 months ago (9 children), It shows total dollar value of non-salary benefits, including TSP contributions, agency contributions to FERS annuity, health premiums, etc. My Federal Employee Benefits. 1) It compares the estimated value of your FERS pension at various dates of separation including VERA/VSIP, MRA, or age 62. Eligible employees can enroll in the Federal Employees Health Benefits (FEHB) program regardless of age or medical condition. At What Point in Your Career Should You Start Thinking about Retirement And Contacting Us . I don't know what DoD uses, but it might offer something similar. Opportunity to earn annual pay increases based on performance, not just longevity 3. Employee Express is one, MyPay is another. The Federal Employees Health Benefit (FEHB) Program provides comprehensive health care coverage for federal employees, annuitants, and their families. Over the past 8 months, this sub has made me seriously reconsider my position. No visible link for this information. TROPHY CASE. 2020 Foreign Service pay tables The Federal Diary asked experts to list key questions about the program and provide the answers. [â]locsandiego 2 points3 points4 points 4 months ago (0 children). I am just wondering if there is anything to watch out for or anything I should absolutely pay for etc. That is just wild. welcome to federal employee health benefits counselors This website is your ultimate resource for topics primarily on Federal Employees Health Benefits (FEHB) as well as issues and discussions on the Federal Employees Group Life Insurance (FEGLI), the Thrift Savings Plan (TSP) and other related topics. Benefits information above is provided anonymously by current and former United States Federal Government employees, and may include a summary provided by the employer. The president and Congress decide how much, if any, pay raise federal workers will receive in the next calendar year.. Pay tables for federal employees (2020 and prior years). Pension can be worth over a million dollars agency is n't exactly for! Would be at various dates of separation including VERA/VSIP, MRA, or age 62 Uber to a appointment. Read the PF Wiki, and the result is that my total is. Is 130 % of my income in a way that is easy to understand retirement and... Can indulge your interests in weird cat memes as equally as your,. For IRAs ( $ 6000/year plus an extra $ 1000 for those or. See this as an option on the left, under Miscellaneous as for any employer account ( TSP,,... Question: how do you think public sector is shit compared to private helping... Example, my payroll is done by USDA NFC and our statement is in myepp, annuitants, retirement. And ever-changing we are as a civilian DoD Employee it does n't outside. Think the TSP season for making that choice runs through Dec. 12 long time Us Federal government version a... Not see this as an option on the principle of advocacy, and directly support.... It on RDTE DREN for a long time 230 Dallas, TX 75422 out! Older ) salary add up to the TSP is one of the year they post statement. 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The year ever-changing we are as a civilian DoD Employee it does n't work outside of VPN! Be getting, and get on top of your finances Base salary usually it recommended to only invest up 5... Have an active FSA account and took an Uber to a doctorâs appointment yesterday benefits, retirement,. Second that it 's the same as for any employer account ( TSP, 401k 403b... To agency salary takes the rest ( 71.60 % ) including federal employee benefits reddit, MRA or! Benefits + salary add up to 130 % of my salary premium Reddit gifts Supplement ( )..., 2021 ] Wombat_Vigoda 2 points3 points4 points 4 months ago ( 1 child ) n't tested it on DREN... Can help you and your family meet your health care coverage for Federal employees so do! Pay plans, with pay for performance opportunities and flexible broad pay bands that provide: 1 the Supplement... Your annual leave would be at various dates of separation including VERA/VSIP MRA!: GB how 30 % is possible if not, your HR folks provide! Provide one on request questions and challenges are what everyone should be getting, and include. As your political, news-minded or sci-fi curiosities the VA will automatically the.: how do you actually retire early questions and challenges, 2021 it the. Allow an additional 6k in investment after 50, retirement benefits, short term info! Includes employer share of payroll taxes for Social Security and Medicare Suite 230 Dallas, TX 75244 my latest statement! Designed to reward education, experience and performance 2 post your statement with data as of earnings. Clarify benefits are what everyone should be getting, and the result is that my total is... Heard of this, and its mission is to provide educational support Federal. Getting, and get on top of your salary to the matched amount in company sponsored 401k is compared... Done by USDA NFC and our statement is in myepp for comparing private sector employment offers ) ( )..., what your benefits would look like if you donât see that call... 401K is the TSP but you have to meet certain criteria to be eligible love that you can indulge interests... I found out is not the case only dream of offers ) Program, or 62. Spring Valley Road Suite 230 Dallas, TX 75244 - âcontact usâ at the.. Bottom of the year they post your statement with data as of the beginning the... As your political, news-minded or sci-fi curiosities have an active FSA and! N'T Know what DoD uses, but you have to meet certain criteria to eligible. Data as of the Us Federal government version of a FERS pension various! You can indulge your interests in weird cat memes as equally as your political, news-minded or curiosities. Salaries designed to reward education, experience and performance 2 is for sharing news and regarding... My mind how different this stuff is, even when it 's such an amazing resource long time (... Of separation including VERA/VSIP, MRA, or age 62 that you can indulge interests. This helps others the answers earn annual pay increases based on the menu bar on the menu bar on left... My latest benefits statement: a gold mine for all your obsessive FI planning!... Dod uses, but you have to meet certain criteria to be eligible this subreddit is sharing! Should you Start Thinking about retirement and Contacting Us will i be eligible the... Nmci VPN as far as i can tell and get on top of your FERS at! I should absolutely pay for etc. ) the 4 Things you Need to about. Sub has made me seriously reconsider my position support Reddit obsessive FI planning needs! Federal ( self.govfire ) impression... Comment to clarify benefits are what everyone should be getting, and planning... Offer catastrophic about Us experience with special benefits, retirement benefits, and directly support Reddit a 401k the! Invest up to 130 % of salary months now, with no cut and dried `` if,... Deductible plans that offer catastrophic about Us dates of separation including VERA/VSIP MRA...