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    Updated November 20, 2009    
    
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  What's New
   
 
2010 Retiree COLA: 0.2%
     
   

The projected accumulation toward the 2010 COLA for retirees was 0.2 percent following the November release of the October figures. The 2011 COLA will be based on the increase in the CPI between the third quarter of 2008 and the third quarter of 2010.

 

2010 FECA COLA: 3.3% through October

Following the release of the October 2009 CPI, the projected accumulation toward the 2010 Federal Employees Compensation Act (FECA) COLA is 3.3 percent.

The 2010 FECA COLA will be based on any change in the CPI between December 2008 and December 2009 and will become effective on March 1, 2010.

FECA COLAs are applicable only in cases where death or disability occurred more than one year prior to the adjustment’s effective date.


 

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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