Is Your Agency Providing the Proper Financial Education?

OPM requires agencies to accept ‘the primary responsibility for the delivery of retirement financial education to their employees and for supporting financial literacy’. ‘Each agency must develop a retirement financial education plan’ that ‘targets employees at a minimum of three career points: new employee, mid-career, and pre-retirement’. Benefits Administration Letter 11-104 (5 U.S.C. 8350).

Make sure you’re offered the key benefits information required by OPM at all three career points. Federal Employee Benefits Advocates (FEBA) is an approved contractor (CAGE code: 7QGU4) that focuses strictly on education. It was established based on the principle of advocacy, and its mission is to provide educational support to Federal agencies and their employees.

Agencies that desire assistance in fulfilling their responsibility to employees by providing benefits and retirement financial education programs can rely on us to help satisfy those requirements.