SUMMARY: May 24, 2024 The Office of Personnel Management (OPM) is issuing a notice of proposed rulemaking to clarify and establish additional requirements regarding the Postal Service Health Benefits (PSHB) Program, which was established pursuant to the Postal Service Reform Act of 2022. This proposed rule expands on previous regulations concerning the PSHB Program and…
AGENCY: Office of Personnel Management ACTION: Final rule SUMMARY: This rule finalizes an interim final rule that established the Postal Service Health Benefits (PSHB) Program for Postal Service employees, Postal Service annuitants, and their eligible family members, pursuant to the Postal Service Reform Act of 2022. This Program will include health benefits plans available to…
The Postal Service Reform Act passed the U.S. Senate on March 8 with bipartisan support. Now that the bill has passed both houses of Congress, it heads to the White House for President Joe Biden’s signature. The legislation eliminates the Postal Service’s outdated, burdensome retiree health benefit prefunding requirement and integrates the organization’s retiree health…
Objective The Postal Service participates in three retirement plans: the Civil Service Retirement System (CSRS), the Federal Employees Retirement System (FERS), and the Postal Service Retiree Health Benefits (RHB). The first two are pension plans and the third is set up to fund the Postal Service’s share of RHB premiums. The U.S. Office of Personnel…
Here are the slides from today’s NARFE Webinar on proposed Postal Reform legislation and it’s effect on FEHB. – RZ Source: National Active and Retired Federal Employees Association
