Civil Service FAQ Federal Employee Benefits Questions and Answers Flashcards
6 cards from real Civil Service FAQ practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 6 Civil Service FAQ Federal Employee Benefits Questions and Answers flashcards as text
What is the government's matching contribution rate for FERS employees who contribute to the Thrift Savings Plan (TSP)?
Answer: 1% automatic plus up to 4% matching on employee contributions
FERS employees receive a 1% automatic agency contribution plus a dollar-for-dollar match on the first 3% and 50 cents on the dollar for the next 2% of employee contributions.
How long must a FERS employee work to be fully vested in the government's automatic 1% TSP contribution?
Answer: 3 years
FERS employees become fully vested in the agency automatic 1% contribution after 3 years of federal service (2 years for congressional and certain other positions).
Which open season allows federal employees to make changes to their Federal Employees Health Benefits (FEHB) enrollment?
Answer: Annual fall open season (November–December)
The FEHB annual open season typically runs from mid-November to mid-December, allowing employees to enroll, change plans, or cancel coverage.
What happens to unused sick leave for a FERS employee who retires on or after January 1, 2014?
Answer: 100% of unused sick leave is credited toward retirement service computation
Effective January 1, 2014, FERS retirees receive full credit (100%) for unused sick leave when calculating their retirement annuity.
Under the Federal Employees' Group Life Insurance (FEGLI) program, what is the basic life insurance coverage amount for a new federal employee?
Answer: Employee's annual salary rounded up to the next $1,000, plus $2,000
FEGLI Basic coverage equals the employee's annual salary rounded up to the next $1,000, plus an additional $2,000.
What is the primary purpose of the Federal Flexible Spending Account Program (FSAFEDS)?
Answer: To allow employees to set aside pre-tax dollars for eligible healthcare and dependent care expenses
FSAFEDS allows federal employees to use pre-tax payroll deductions to pay for eligible out-of-pocket healthcare and dependent care costs, reducing taxable income.