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U.S. Office of Personnel
Management FY 2000 |
| (Transfers From The Trust Funds - continued) | |
| Additional Information Available on the Next Page | |
| RIS Goal 2 FY 1999/2000: |
New life insurance products are offered to Federal employees and annuitants. |
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| During FY 1999, RIS will use results of FY 1998 life insurance program survey as basis for developing proposals for new life insurance products. | ||
| Working closely with Congressional oversight committees, the Administration, and representatives from the agencies and industry during FY 1999 RIS will define the goals, benefits, structure and financing of the new insurance products. | ||
| If authorizing legislation is passed during FY 1999, RIS will develop in FY 2000 implementing regulations and guidance for the agencies, active employees, and retirees, and conduct open enrollment period, etc. as required by the legislation. Similar to the Long-Term Care program, the specifics for implementing new life insurance products will remain uncertain until authorizing legislation is passed. | ||
| New life insurance products are implemented within timeframes described in authorizing legislation. | ||
| Agency HR Directors and Specialists are satisfied with OPMs policy, technical assistance, and guidance materials for implementing new life insurance products. To obtain an indication that OPM is meeting the agencies needs regarding policy, technical assistance, and guidance materials for implementing new life insurance products, OPM will develop new questions for the FY 2000 OPM Customer Satisfaction Survey that specifically measure agency HR Directors and Specialists satisfaction with these support vehicles. | ||
Additional Information Available on the Next Page
Web Page Created 14 May 1999