Employees with 15 years of federal service earn 8 hours of annual leave per two-week pay period. Coverage is immediate and is provided without a medical examination or restrictions due to age, current health, or pre- existing medical condition. These health plans provide catastrophic protection against unusually large medical bills. There is also an annual opportunity, during Open Season, to enroll in a health benefits plan at a later time or, if enrolled, to change to another plan. The Library pays one-third of the cost of this coverage.
Additional insurance is available, at full cost, for one's self and family members.
An employee pays current Federal and usually State income taxes on his or her salary only after contributions to the retirement plan have been deducted. In addition, earnings in each TSP account grow tax free until they are withdrawn. Return to top.