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Federal Energy Regulatory Commission



Careers Why Choose FERC ? Federal Benefits

 
Federal Benefits
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    Compensation
    Transportation
    • Metrorail: Courtesy of Washington Metro Area Transit AuthorityUsing public transportation? The Transit Subsidy Program enables Federal employees that currently use public transportation to have a portion of their transit costs subsidized. The reimbursement is issued in the form of Metro Checks that can be redeemed on Metrorail, Metrobus, Ride-on, MTA, MARC rail, or VRE.

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    Your Health
    • Federal Employee Health Benefits (FEHB) cover a wide selection of health insurance choices with over 350 participating plans, including both Health Maintenance Organizations (HMO) and Preferred Provider Organizations (PPO). FEHB is also the largest employer-sponsored group health insurance program in the world, covering almost 8 million people, including employees and their family members. FERC pays up to 72% of the cost of your health benefits coverage. As a full-time Federal employee, you are eligible for health benefits upon at the onset of employment. Learn more about Federal Employees Health Benefits Plan External Link


    • Federal Employees Group Life Insurance (FEGLI) is the world’s largest life insurance program covering over 4 million Federal employees, retirees, and family members. The Group Life Insurance Program consists of basic coverage and three additional options. If elected, coverage begins upon the onset of employment. Learn more about Federal Employee Group Life Insurance External Link


    • FERC offers Long-Term Health Care Insurance (FLTCIP) that can follow employees into their retirement. The program helps to defray the cost of assistance for daily living activities and severe cognitive impairments such as Alzheimer’s. A menu of coverage plans are available to employees at the start of employment. Learn more about Federal Long Term Care Insurance Program External Link


    • A Flexible Savings Account (FSAFEDS) is available and can pay for the uncovered or unreimbursed portions of qualified medical and dependent care cost with pre-tax dollars. All employee contributions to Flexible Savings Accounts are made from pre-tax earnings, thereby increasing your disposable income. Learn more about OPM Federal Flexible Spending Account Program (FSAFEDS) External Link

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    Employee Assistance Program
    • The goal of the Employee Assistance Program (EAP) is to address issues that may affect the productivity of the organization.  Specifically, the EAP provides free, confidential short term counseling to assist employees with personal or work-related problems.
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    Retirement
    • The Thrift Savings Plan (TSP) is a retirement savings plan for Federal employees. The TSP provides the same type of savings and tax benefits that many private corporations offer with "401(k)" plans. Learn more about Thrift Savings Plan External Link


    • New employees are automatically covered by the Federal Employees Retirement System (FERS). FERS is a three-tiered retirement plan. The three tiers are Social Security Benefits, Basic Benefit Plan (Annuity), and the Thrift Savings Plan. Learn more about OPM Retirement Services External Link

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    Student Loan Repayment Program
    • Saddled with post-graduation debt? FERC offers a Student Loan Repayment Program that may reimburse part of your federally insured student loan. Learn more about Student Loan Repayment Program External Link

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