We educate federal employees on their current benefits package. We’ll show you how to manage your benefits for a safe and secure retirement, without taking unnecessary risk.
The Retirement Supplement is a separate income source for qualified FERS employees that bridges the gap between your retirement and age 62. This benefit provides a source of income, in addition to your pension, that mimics the age 62 Social Security benefit.
Social Security Benefits
Social Security is part of your retirement plan especially if you are a FERS employee. Social Security, combined with your own savings, TSP, and FERS pension, is the foundation to secure retirement. CSRS employees are not covered by Social Security, do not pay Social Security taxes, or earn Social Security Benefits. However, there are other considerations to factor in for CSRS employees.
Thrift Savings Plan (TSP)
Like private sector 401(k) plans, TSP is a government-sponsored defined contribution investment instrument. It is another potential retirement income stream for federal workers enrolled in either the FERS or CSRS. This is a defined benefit pension plan offering annuities upon retirement.
Federal Employee Group Life Insurance (FEGLI)
The FEGLI program provides coverage for employees with optional insurance options, including family life insurance for a spouse and dependents. Optional coverages may be continued once retired.
Federal Employee Health Benefits (FEHB)
Current federal employees, retirees, and their families can select from a variety of plans throughout the country using the Federal Employees Health Benefits (FEHB) Program. Whether you’re preparing for an emergency or looking to cover annual visits to your doctor, health insurance offers you the peace of mind to live your life.
Federal Long Term Care Insurance Program (FLTCIP)
The Federal Long Term Care Insurance Program is a voluntary program that is available to federal employees and their family members. Generally, if an employee or family member is eligible for FEHB, they will also be eligible for FLTCIP.
Special Category Employees
Certain federal employees are classified as Special Category Employees. They may have a rigorous, dangerous, or a highly stressful position. Law Enforcement Officers, Federal Firefighters, Nuclear Material Couriers, and Air Traffic Controllers fall within this classification. Special rules apply regarding their pension benefits.