U.S. Office of Personnel Management - Ensuring the Federal Government has an effective civilian workforce

In previous Benefits Administration Letters, we provided the imputed cost factor related to the Federal Employee Health Benefit Program (FEHB)and guidelines for calculating your imputed costs for the first two quarters of FY 2003. This letter provides the imputed cost factor related to the FEHB for the third quarter of FY 2003. Once again, since they will rarely change during the fiscal year, the imputed cost factors related to "Pensions" and Life Insurance are not provided in this letter.

The imputed cost factor for the third quarter of FY 2003 related to the FEHB is $950, resulting in an FY 2003 year-to-date imputed cost factor related to the FEHB of $2,802:

Please note that we will not provide an imputed cost factor related to the FEHB for the fourth quarter of FY 2003. Rather, as is our standard practice, we will provide imputed cost factors for the entire FY 2003 for the FEHB, FEGLI and for "pensions" by September 15, 2003.

If you have any questions about this letter, we would prefer that you email us at finance@opm.gov, so we have a record of them. You may of course call us on 202-606-0606.

Download the Letter as a PDF File