The new premiums will be updated on the FEGLI website in October.
Effective Oct. 1, premiums for Federal Employees’ Group Life Insurance (FEGLI) will change for some forms of coverage.
Most rates for options A, B and C will decrease, according to the Office of Personnel Management. However, older age bands in options B and C will see an increase, and rates also will rise for retirees’ basic insurance with 50 percent reduction and with no reduction.
Postal Service employees can expect to see the changes reflected in their paycheck after the first full pay period after Oct. 1.
Changes for expedited packaging supplies
USPS will fulfill expedited packaging supplies orders with the current dimensions until supplies are depleted.
USPS is changing the dimensions of 14 standard and specialized expedited packaging supplies to better align with mail processing equipment requirements.
The organization annually produces and fulfills more than 181 million orders of standard and specialized expedited packaging supplies, including Priority Mail Express, Priority Mail and Global Express Guaranteed.
Starting in late September, the dimensions of 11 standard and three specialized items will change.
The changes will allow the boxes and envelopes to be processed on mail processing equipment more efficiently, reducing the need for manual package sortation.
Standard packaging is available at usps.com/postalstore, with some items also available in Post Offices.
Specialized packaging is used by customers who conduct a minimum of $75,000 in revenue annually with the organization.
The Oct. 4 webinar will explore how HDHPs can save participants hundreds or even thousands of dollars annually.
Postal Service employees can participate in an upcoming webinar to learn about the advantages of a high-deductible health plan (HDHP).
The session, “The Value of a High Deductible Health Plan,” will be held Monday, Oct. 4, at noon EDT.
GEHA, a not-for-profit provider of health plans for federal employees, will conduct the webinar and explore how high-deductible plans can save you hundreds or even thousands of dollars, as well as how pairing an HDHP with a health savings account is a great value in the Federal Employees Health Benefits program.
Participants must register before the event on the webinar website. After signing up, directions for accessing the webinar will be emailed to each registrant.
Participation is voluntary. Nonexempt employees may only participate off the clock or during authorized breaks.
For more information, email the USPS Health and Wellness team.