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FEGLI offers four levels of coverage: Basic and three Options (A, B, and C). In order to enroll in any Option, the employee must be enrolled in Basic.. Basic--the amount of coverage ("Basic Insurance Amount" or BIA) equals the employee's salary (rounded up to the next $1,000) plus an additional $2,000 (e.g. an employee making $97,500 would have $100,000 of coverage: $97,500 rounded up to ...
The United States Office of Personnel Management (OPM) is an independent agency of the United States government that manages the United States federal civil service.The agency provides federal human resources policy, oversight, and support, and tends to healthcare (), life insurance (), and retirement benefits (CSRS and FERS, but not TSP) for federal government employees, retirees, and their ...
Standard Form 50 (SF 50), officially titled Notification of Personnel Action, is a United States government form used to process various personnel actions for government employees. The form is very important for government employees: any errors in the form can affect eligibility for certain benefits (such as when an employee can retire and with ...
A beneficiary is a person or entity you designate to receive the benefits of a particular account or policy after your death. Designating, reviewing and updating beneficiaries are basic tasks of ...
You might not be able to spend all the money in your 401(k) plan before you die. If that happens, your retirement savings will pass to the person you name as the beneficiary of the account. The ...
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United States Office of Personnel Management, the manager of the federal civil service in the United States Oklahoma Office of Personnel Management , the state equivalent of the federal agency Free Papua Movement (Organisasi Papua Merdeka), a separatist movement in Indonesia