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Showing posts from August, 2020

An Overview Of Retirement Plans Of Postal Workers

  As an employee of USPS, you dedicate your entire career delivering parcels and envelops to fellow citizens across the country. Considering your commitments to public service, you may be eligible for specific programs provided by the government. When you can no longer work due to aging, you need to have some USPS health benefits after retirement plans . Here is a general summary of this federal government program. Health insurance The US Postal Service covers the Federal Employees Health Benefits (FEHB) Program for its employees’ retirement plan. This insurance allows the employees to get benefits when they need medical attention. The retirement plan is flexible, and it provides most of the medical expenses to employees when they are sick or injured. The FEHB is effective and affordable because contributors are not subject to taxes. There are also other perks such as Fee-For-Service, Health Maintenance Organizations (HMOs), and High Deductible & Consumer-Driven Health Plans. Volun