Definition: The Federal Employee Benefits Insurance Program (FEPP), also known as the Employee Retirement Income Security Act of 1974, provides financial assistance to federal employees in the event of a retireeβs disability or death. This program provides benefits to retirees who are unable to work because of disability or death from illness.
Specifically, the FEPP covers medical expenses for eligible retirees and their dependents under certain conditions. These include:
Medical care provided by employers as part of the employee benefit plan
Medical treatment provided by qualified health-care providers in the United States, including hospitals, clinics, and other healthcare facilities
Healthcare coverage provided by the Social Security Administration (SSA) or other government agencies that are eligible to receive benefits under the FEPP
Insurance provided through a private health insurance plan
In addition to these benefits, eligible retirees may also be eligible for certain non-medical expenses such as funeral and burial expenses, temporary disability assistance, and family medical leave.
To qualify for benefits under the FEPP, eligible retirees must have worked in the United States during the 10-year period before the date of their disability or death. They must also meet other eligibility requirements, including meeting age limits and providing proof of employment at least one year prior to disability.
Overall, the FEPP is designed to help eligible employees who are unable to work due to illness or disability receive financial assistance to continue working after retirement. It can be a valuable tool for government agencies that provide benefits to their employees.
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