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- Federal retirement benefits. Most employees are covered either in the Federal Employees Retirement System (FERS) or in the Civil Service Retirement System (CSRS).
- Investment Options - Thrift Savings Plan (TSP):
- The Thrift Savings Plan (TSP) is a retirement savings and investment plan for Federal employees. The TSP offers Federal employees the same type of savings and tax benefits that many private corporations offer their employees under "401(k)" plans.
- Find out the details by visiting the TSP website at www.tsp.gov
- Flexible Spending Account (FSA) - A Flexible Spending Account is an employee benefit that allows you to set aside money, on a pre-tax basis, for certain kinds of common expenses. With an FSA, you can reduce your taxes while paying for services you would have to pay for anyway.
- Health Benefits (Medical and Dental): As a Federal employee in a covered position, you are eligible to elect to participate in the Federal Employees Health Benefits Program (FEHBP). The program does not require waiting periods, medical exams, and it does not have age or physical condition restrictions. The AOC pays approximately 75% of the cost of the total premium. As an employee, you have the opportunity to elect a plan that meets your needs such as Health Maintenance Organizations (HMOs), fee-for-service plans and Preferred Provider Organizations (PPOs).
- Long-Term Care Insurance - It is insurance that helps you pay for long term care services, such as home care or care in a nursing home or assisted living facility. Long term care is the type of care that you may need if you can no longer perform activities of daily living by yourself, such as eating, bathing or getting dressed. It also includes the kind of care you would need if you had a severe cognitive impairment like Alzheimer's disease.
- Federal Employees Group Life Insurance (FEGLI): FEGLI provides group term life insurance. It consists of Basic life insurance coverage and three options. In most cases, if you are a new Federal employee eligible to participate in the program, you are automatically covered by Basic life insurance, and your payroll office deducts premiums from your paycheck unless you waive the coverage. In addition to the Basic, there are three forms of Optional insurance that you can elect. You must have Basic insurance in order to elect any of the options. Unlike Basic, enrollment in Optional insurance is not automatic -- you must take action to elect the options. The cost of Basic insurance is shared between you and the Government. You pay 2/3 of the total cost and the Government pays 1/3. Your age does not affect the cost of Basic insurance. You pay the full cost of Optional insurance, and the cost depends on your age.
- Leave:
- Employees earn 13 days of sick leave each year.
- Employees earn 13, 20, or 26 days of annual leave each year depending on years of service
- Holidays: 10 paid holidays each year.
- Transportation Benefit Program - The AOC promotes and encourages the use of mass transportation for commuting purposes to and from work. It provides a direct transit subsidy benefit of up to $100 per month.
- Awards - Awards are available to recognize employee contributions. Types of awards include:
- Monetary
- Time off
- Performance Recognition
- Honor Award
- Professional development and training opportunities
- Tuition Assistance Family friendly Flexibilities: Family Friendly Leave Policies; Employee Assistance Program (EAP); on-site/near-site child day care
- Supportive of Community Service - Annual Combined Federal Campaign
- On-site services:
- Cafeteria
- U.S. Post Office
- Credit Union/ATM
- Child Day Care Center
- Shoe Shine and Repair
- Health Services
- Shower and locker facilities
- Easy access to public transportation via Metrobus and Metrorail.
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