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Benefits News

Training begins for DOD's new retirement system

Training is now underway for the Defense Department’s new modernized retirement system, which consists of a combination of the Thrift Savings Plan, an annuity provision, an incentive payment and continuation pay.

Lawmaker proposes higher pay raise for feds

A Virginia lawmaker has introduced legislation that would give feds a 3.2 percent pay raise in 2018, compared with the 2.1 percent raise for 2017.

New mileage reimbursement rates posted

The General Services Administration has posted the new mileage reimbursement rates for personally owned vehicles that took effect Jan. 1.

Open Season for dental, vision benefits extended

Federal employees have a few extra hours to enroll, change or cancel their dental and vision benefits, the Office of Personnel Management announced on its website.

TSP contribution limits unchanged for 2017

The annual contribution limit for the Thrift Savings Plan will remain at $18,000 per year in 2017.

TSP contribution limits remain the same for 2017

The annual contribution limit for the Thrift Savings Plan will remain at $18,000 per year in 2017.

Open Season: Final days for choosing your 2017 health plan

While most federal employees likely already have reviewed their benefits and made necessary adjustments, those who have not—and perhaps even those who have—may want to look through the following summary of some of the things they should keep in mind in making their decisions, based on OPM recommendations.

Bill boosts death benefit for feds killed on duty

Three senators last month introduced a bill that would increase the death gratuities and funeral expenses paid to federal employees who are killed in the line of duty.

Tricare reminds beneficiaries of retail pharmacy change

Tricare reminded beneficiaries that its network of retail pharmacies changed beginning Dec. 1.

Open Season: Health Care and Dependent Care Flexible Spending Accounts

In this issue of Federal Soup's special Open Season series, Edward A. Zurndorfer discusses the advantages of contributing to and using various kinds of flexible spending accounts.

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