Federal Employees Health Benefits Program (FEHB)
FEHB can help you and your family meet your health care needs. Federal employees, retirees and their survivors enjoy the widest selection of health plans in the country. You can choose from among Consumer-Driven and High Deductible plans that offer catastrophic risk protection with higher deductibles, health savings/reimbursable accounts and lower premiums, or Fee-for-Service (FFS) plans, and their Preferred Provider Organizations (PPO), or Health Maintenance Organizations (HMO).
Federal Employees Dental and Vision Insurance Program (FEDVIP)
FEDVIP allows dental insurance and vision insurance to be purchased on a group basis which means competitive premiums and no pre-existing condition limitations for enrollment. Premiums for enrolled Federal employees are withheld from salary on a pre-tax basis. Enrollment takes place during the annual Federal Benefits Open Season in November and December. New and newly eligible employees can enroll within the 60 days after they become eligible. Eligible employees and annuitants can choose from among six nationwide and four regional dental plans, and from four nationwide vision plans. Nationwide plans also offer international coverage.
Federal Employees Group Life Insurance Program (FEGLI)
FEGLI provides group term life insurance. As such, it does not build up any cash value or paid-up value. It consists of basic life insurance coverage and three options. In most cases, if you are a new Federal employee, you are automatically covered by basic life insurance and your payroll office deducts premiums from your paycheck unless you waive the coverage. In addition to the basic, there are three forms of optional insurance you can elect. You must have basic insurance in order to elect any of the options. Unlike basic, enrollment in optional insurance is not automatic—you must take action to elect the options.
Federal Long Term Care Insurance Program (FLTCIP)
FLTCIP provides long term care insurance to help pay for costs of care when enrollees need help with activities they perform every day, or you have a severe cognitive impairment, such as Alzheimer's disease. Most Federal employees and their qualified relatives are eligible to apply for insurance coverage.
Federal Flexible Spending Account Program (FSAFEDS)
FSAFEDS allows you to save money for health care expenses with a Health Care or Limited Expense Health Care FSA.
FSAFEDS also offers an account for families with young children or elder care expenses – the Dependent Care FSA. This account allows you to set aside money to pay for your day care expenses.
Federal Employees Retirement System (FERS)
FERS is a retirement plan that provides benefits from three different sources: a Basic Benefit Plan, Social Security and the Thrift Savings Plan (TSP). The Basic Benefit Plan and Social Security parts of FERS require you to pay your share each pay period. MCC withholds the cost of the Basic Benefit and Social Security from your pay as payroll deductions. Once you retire, you receive annuity payments each month for the rest of your life.
Thrift Savings Plan (TSP)
TSP is a retirement savings and investment plan for Federal employees. It offers the same types of savings and tax benefits that many private corporations offer their employees under 401(k) plans. FERS employees may contribute up 11 percent of basic pay each pay period, up to the IRS annual limit. As a FERS employee, you can receive MCC contributions to your TSP account, up to 5 percent of your basic pay.
Transit Subsidy Benefit Program
Federal employees committed to using mass transportation for their home to work to home commute are eligible to receive federal transit benefits. The Mass Transportation and Vanpool Transportation Fringe Benefit Program allows Federal employees to receive transit passes in amounts approximately equal to employee commuting costs, not to exceed the maximum level allowed by law.
Full time employees accrue four hours of sick leave for each full bi-weekly pay period, for a total of 104 hours or 13 days of sick leave per year. Sick leave balances may be carried over from year to year with no limit.
Employees accrue annual (vacation) leave on a graduated basis according to their total years of federal service. Full time employees earn annual leave as follows:
|Years of Service||Amount of Annual Leave Earned Each Full Bi-Weekly Pay Period|
|up to 3||4 hours (a total of 104 hours or 13 days per year)|
|3 to 15||6 hours—except that the accrual rate for the last full bi-weekly pay period in the calendar year is 10 hours (total of 160 hours or 20 days per year)|
|15 and over||8 hours (a total of 208 hours or 26 days per year)|
On-Site Fitness Center
MCC has on-site fitness centers located in each building (Bowen and City Center). Use of these facilities is free of charge to all MCC employees.