Reviewed by Jonathan Teplitsky · Updated June 2026

Federal Employee Benefits Overview

Federal employee benefits are among the most valuable in the U.S. workforce — but only if you understand them. The headline: FEHB health insurance carries into retirement at the same premium share you paid as an employee. Private retirees pay $1,000+/mo for comparable coverage; federal retirees pay ~28% of total premium with government covering the rest.

FEHB: Federal Employees Health Benefits

200+ plan options each Open Season — national HMO/PPO, regional, HDHP with HSA. Government pays ~72% of premium; you pay 28%.

Open Season: Monday after Thanksgiving through 2nd Monday of December. Effective first full pay period in January.

The 5-year continuation rule: Must be continuously enrolled (or covered as family) the 5 years immediately before retirement. 4 years 11 months does not qualify. Waivers rare. If you're within 5 years of retiring under FERS or CSRS, enroll now and stay.

Premium conversion: Active employees pay pre-tax automatically. Retirees lose this — premiums come from after-tax retirement income.

Plans: OPM Healthcare & Insurance.

FEDVIP: Dental and Vision

Separate from FEHB. 12 dental carriers + 5 vision carriers. Government does NOT contribute — employees and retirees pay 100%. Same Open Season window.

FEGLI: Federal Employees' Group Life Insurance

Cannot increase FEGLI after 35 except at qualifying life events. Run Option B numbers before 60 — many replace with private term while insurable.

FSAFEDS

Re-enroll every Open Season — does not carry forward.

FLTCIP: Long-Term Care Insurance

Suspended to new enrollment since December 19, 2022. As of mid-2026, OPM has not reopened. Existing enrollees retain coverage.

Leave Accruals

Federal Holidays

11 paid: New Year's, MLK, Presidents Day, Memorial Day, Juneteenth (added 2021), July 4th, Labor Day, Columbus Day, Veterans Day, Thanksgiving, Christmas. Juneteenth brought count 10→11.

Recent Changes / "Benefit Cuts"

Always check OPM for current-year. Core benefits intact.

How Benefits Fit Pay and Retirement

Benefits stack on GS pay and feed retirement. FEHB into retirement, sick leave service credit, TSP combine to make federal careers strong on the back end. See retirement age, TSP withdrawals, and federal retirement overview.

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