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    Updated May 14, 2008    
    
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  What's New
   
 
2009 Retiree COLA: 3.49%
     
   
The accumulation toward the 2009 retiree COLA was 3.49 percent in May following the release of the April Consumer Price Index (CPI). The actual COLA will reflect the difference between the average Consumer Price Index for the third quarter of 2007 and the average CPI for the third quarter of 2008.
 

2009 FECA COLA: 2.46%

The accumulation toward the 2008 FECA COLA was at 2.46 percent following the release in May of the April 2008 CPI. The actual COLA will be based on the increase in the CPI between December 2007 and December 2008 and will become effective on March 1, 2009.


 

Long Term Care Insurance

   
   

Letter carriers or retired carriers can apply for coverage under the Federal Long Term Care Insurance Program at any time. You do not have to wait until the next Open Season, but must submit a "full underwriting" application. "Full underwriting" means that applicants will have to answer numerous health-related questions. It may also include a review of medical records and possibly an interview with a nurse. OPM has stated that this is the same level of underwriting that those who purchase individual policies in the private market undergo.

Letter carriers may obtain additional information about any aspect of the Long-Term Care Program by calling 1-800-582-3337 or visiting the LTC web site at  www.LTCFEDS.com

You can also download application forms or apply on line at that website.

 
More
Information
December 2007 Postal Record: NALC's Retirement Department: Ready for the baby boom (PDF 215K)

July 2002 Postal Record, Retirement Department Column:  Advice on Long-Term Care Insurance Program: (PDF 129K)

OPM's Web page giving additional information about the long-term care insurance program.

 

         
 
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