| Health Benefits (Medical and Dental) |
| |
CBO employees participate in the Federal Employees Health Benefits (FEHB) Program. This program offers a range of health care coverage to
meet the varied needs of the federal workforce. There are individual and
family plans, HMOs, fee-for-service plans, and PPO options, and costs vary on the basis of the type of coverage and related services. Depending on the plan selected,
dental, vision, and other coverages may be included. CBO pays approximately
75 percent of the total cost of the coverage. |
| Flexible Spending Accounts (Health Care and Dependent Care) |
| |
Details are available at www.fsafeds.com/fsafeds/. |
| Life Insurance |
|
| Federal Employees' Group Life Insurance (FEGLI) provides basic coverage
for the employee plus three optional coverages. Basic insurance is based on
an employee's annual rate of pay, rounded up to the nearest $1,000, plus $2,000.
CBO pays one-third and employees pay two-thirds of the cost for basic coverage;
optional coverages are not subsidized. |
| Long-Term Care Insurance |
|
| Details are available at www.ltcfeds.com. |
| Retirement |
|
| Most employees participate in the Federal Employees Retirement System
(FERS) or Civil Service Retirement System (CSRS), depending on the type
of appointment they have and their previous federal service. The retirement
annuity is based on age at retirement, years of federal service, and the
employee's highest three consecutive years of salary. |
| Thrift Savings Plan |
|
| Details are available at www.tsp.gov under Civilian TSP Features. CBO employees are immediately vested in CBO's matching funds and vested in CBO's automatic 1 percent contribution after two years of employment. |
| Annual Leave |
|
| Employees accrue annual leave on the basis of their length of federal service and hours paid in a pay period. |
| Sick Leave |
|
| Employees accrue sick leave at the rate of four hours for every 80 hours paid. |
| Holidays |
|
| Ten federal holidays are observed each calendar year. |
| Professional Development and Training |
| Religious Observance Accommodations |
| Commuting Assistance |
|
| Based on an employee's actual commuting expense, up to $100 per month is provided. |
| Business Casual Dress |
| Subsidized Health Club Membership |
| Flexible Working Hours |
| Library of Congress Borrowing Privileges |
| Various Privileges as a Member of the Congressional Staff |
| Credit Union |
|
| Employees are eligible to join the Wright Patman Congressional Federal Credit Union, a branch of which is located on the first floor of the Ford House Office Building. |
