FEDERAL BENEFITS OVERVIEW
OPM (Office of Personal Management)  
TSP (Thrift Savings Plan) – like a 401K
- TSP Website with Login
- Vesting Details
- FUND Details and FUND Chart
  • L FUND - Lifecycle Fund (Lifecycle 2025, 2030, 2035, 2040, to 2065 and Retired L)
  • G FUND – Government Securities
  • F Fund – Fixed Income (Bonds)
  • C Fund – Common Stocks
  • S Fund – Small Cap Stock
  • I Fund – International Stocks
 
CSRS / FERS – Pension Options
- Civil Service Retirement System
- Federal Employees Retirement System
  • CSRS – Higher Pension and NO Social Security or TSP
  • FERS – Smaller Pension plus TSP and Social Security and Disability Benefits
    • Highest 3 years Average basic pay
    • UNDER 62 – 1 percent of your high-3 average salary for each year of service
    • Age 62+ - 1.1 percent of your high-3 average salary for each year of service
  • FERS SPECIAL - Air Traffic Controllers, Firefighters, Law Enforcement Officers, Capitol Police, Supreme Court Police, or Nuclear Materials Couriers
    • 1.7% of your high-3 average salary multiplied by your years of service which do not exceed 20, PLUS
    • 1% of your high-3 average salary multiplied by your service exceeding 20 years
FERS Supplement
  • Money before Social Security kicks in


SSB (Surviving Spousal Benefit)
Website - 
  • 50% cost of 10%
  • 25% cost of 5%
  • 0% cost Nothing

FEHB (Federal Employee Health Benefit)
Website - https://www.opm.gov/healthcare-insurance/​
IN THIS SECTION  
FEGLI  (Federal Employee Group Life Ins)
Website - https://www.opm.gov/healthcare-insurance/life-insurance/
  • Term Life Insurance ( 1 year to 6 times salary)
  • Basic = Annual pay (Example with $57,100 you receive $60K using the formula) – you pay 2/3 of cost
  • Optional Coverage types
    • A = Employee for 10K
    • B = Life of Employee (can elect upto 5 times annual salary)
    • C = Life of employees spouse $5K and kids for $2K (can elect up to 5 multiples)
For complete details, visit www.opm.gov Contact your human resources office.  The office that maintains your Official Personnel Folder (OPF) or its equivalent is the only office with access to your FEGLI life insurance records. If you do not know what office that is or how to contact them, check with your supervisor.

You can also look on a copy of your most recent Standard Form 50, Notification of Personnel Action, to determine the coverage you currently have:
  • In Block 27 on that form, there is a 2-character code that represents your current coverage and a definition of the code. 
  • You can look up the SF50 codes and what they mean.
  • You can then use the FEGLI Calculator to determine the current value of your FEGLI by inputting your current age, salary and type(s) of FEGLI coverage. 
  • If you wish to change your FEGLI life insurance beneficiaries, complete this form and submit it to your human resources office: www.opm.gov/forms/pdf_fill/sf2823.pdf
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