Office of Personnel Management

Retirement and Insurance Service

1920 1954 1959 1986

 

 

Federal Employee Benefit Programs

FINANCIAL MANAGEMENT LETTER

Number: F-97-01 Date: January 17, 1997

SUBJECT: COMPENDIUM OF 1996 FINANCIAL MANAGEMENT LETTERS

The following is a compendium of the financial management letters issued during the 1996

calendar year. For your convenience, a compendium of payroll office letters issued during

the 1996 calendar year is also enclosed. If you find that you did not receive any of these

letters and you would like a copy of the missing letter(s), please contact us.

Please note: you may access and download both financial management letters as well as

payroll office letters in OPM Mainstreet. Instructions on accessing the Payroll Office Forum

can be found in PROL 95-02. Please note - the Retirement and Insurance Forum is now the

"A" forum instead of the "J" forum. FML's are found under Payroll Office Letters - Other.

If you have any questions on this matter, or to request copies, please contact us on (202)

606-0666. 

Robert A. Yuran, Chief

Financial Management Division

Retirement and Insurance Service

Enclosures

COMPENDIUM OF 1996 FINANCIAL MANAGEMENT LETTERS 

F-96-01 announced the adoption of the "Federal Employee Benefit Programs

Financial Management Letter" as an additional means of communicating

financial management information. 

F-96-02 provided guidance in processing Retirement, Health Benefits, and Life

Insurance withholdings and contributions for employees affected by lapse in

appropriations that began on December 15, 1995. 

F-96-03 contained instructions for the March 1996 Headcount.

F-96-04 (Date: June 5, 1996) provided notification of the abolishment of the 4-day

rule and its replacement by new rules governing withholdings and

contributions for the FEHB and the FEGLI programs.

F-96-04 (Date: July 8, 1996) provided an update on budget proposals involving the

CSRS and FERS.

F-96-05 transmitted the Internal Control Questionnaire and the Annual Confirmation

Report.

F-96-06 provided information on supplemental contributions required for voluntary

separation incentive payments. 

F-96-07 provided information for computing expenses for pensions and post

retirement benefits for early implementation of Statement of Federal

Financial Accounting Standards Number 5 -- "Accounting for Liabilities of

the Federal Government."

F-96-08 transmitted copies of the following Payroll Office Letters: P-96-04, which

provided an additional reminder for employing agencies to remit to the

CSRDF $80 for each employee covered by the CSRS and FERS on March

31, 1996; P-96-06, which provided information on elections of retirement

coverage by employees of nonappropriated fund instrumentalities; P-96-07,

which provided instructions for the September 1996 Headcount; and P-96-

08 provided information on supplemental contributions required for

voluntary separation incentive payments.

F-96-09 provided 1997 Federal Employees' Health Benefits Program (FEHBP)

premium rates and other Open Season information.

F-96-10 provided the 1997 interest rate for service credit deposits and redeposits. 

F-96-11 solicited participation in a Payroll Office Letter Customer Satisfaction

Survey.