Breakdown of Benefit Value, Per OMB

The insurance benefit factor is based on actuarial estimates for the costs of the government paid portion of FEHB and FEGLI for active employees, taking into account the participation rates in those programs—broken out as 6.5 percent of salary for FEHB and 0.2 percent for FEGLI. The retirement benefit cost factor includes the government’s accruing cost for pension benefits (Social Security, TSP, CSRS or FERS systems) and the accruing cost for post-retirement health benefits—broken out as 20.4 percent for retirement benefits and 6.2 percent for retiree health benefits.