Employee Benefits (Current Employees)
Health Benefits 2016 Open Season closed 12/12/16 and changes became effective 01/08/17 (pay period 03).
2017 Tax Season - W2s are available in Employee Express and were mailed out at the end of January.
Also expect the 1095C form to identify health insurance coverage (actual or offered) through employer. For those covered by FEHB insurance, they can also expect a 1095B from their individual provider. For more information on the forms, check out IRS website.
For information on retirement including Webcast schedule, click Retirement link on the side menu!
For information on benefits for separating employees, click Separated Employee link on the side menu!
Questionable Practices from Vendors offering Benefits!
We are aware that several companies offer services such as Retirement Analysis/Consulations or life insurance to employees via mass emailings or hard copy postcards/letters.
Reminder! The HR Office - Albuquerque already provides retirement estimates and counseling at no-cost to the employee. In addition it does not require release of information to third party.
Neither OPM nor OFEGLI uses sales agents to administer the FEGLI Program or to promote the Program’s benefits. Marketing materials offering to help Federal employees “reduce future FEGLI cost increases” are, at a minimum, misleading, because these companies are not offering a FEGLI product. As a reminder, FEGLI premium rates are fixed at government-wide rates based on age, salary, and individual enrollment elections. Federal employees may not obtain discounts to reduce these premiums. Additionally, OPM does not endorse any privately-sponsored life insurance policies or products, and OPM has no connection with any other supplemental life insurance products marketed to Federal employees. In this regard, in consultation with the U.S. Department of Justice, OPM continues to take affirmative steps to correct third-parties’ improper and/or deceptive use of OPM trademarks, including FEGLI.
Employees are free to choose any vendor for services or products including life insurance and/or retirement analysis. We ecourage employees to make an informed decision and be aware that some vendors will utilize unqiue marketing to mislead. So if have questions about what Federal benefits are available or what retirement services BIE HRO-ABQ offers, call us at 505-563-5210 or send an email to email@example.com.
Click here to read more OPM Benefit Administration Letter 06-202, FEGLI Program Insurance Misrepresentations and Deceptive Sales Practices
Insurance: Federal Employees Group Life Insurance (FEGLI)
2016 FEGLI Open Season ended 09/30/16 - changes to be effective on or after October 01, 2017!
Reminder: One year delayed effective date - Open Season elections become effective on or after October 1st, 2017 and premiums are not due until coverage is effective. Employee must meet pay & duty status requirements.
For more information on FEGLI including an online calculator to help estimate coverage and cost.
Videos on Federal Benefits
Following are highlighted videos of past webcasts by Office of Personnel Management (OPM):
TSP: You Can Take It With You! (06/27/14)
TSP: You Can Take It With You! Q&A follow-up session (07/11/14)
Military Deposits (02/10/14)
CSRS/FERS Overview (07/23/13)
Overview of Federal Insurance Programs (05/16/14)
2017 Pay scales are available
Teacher/Homeliving Specialist Pay Schedule
2016-2017 (Effective July 24, 2016)
Counselor Pay Schedules
2016-2017 (Effective July 24, 2016)
General Schedule (GS) Pay Schedules
2016 Locality Pay Tables (Effective January 10, 2016)
Federal Wage System (WG) Pay Schedules
Federal Wage System (Department of Defense website)