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FDIC OIG Benefits

 

FDIC OIG offers a wide range of benefits to its eligible employees and their eligible dependents:  

Federal Benefits Programs

  • Federal Employees Health Benefits (FEHB) Program
  • Federal Employees Dental and Vision Insurance Program (FEDVIP)
  • Federal Employees’ Group Life Insurance (FEGLI)
  • Federal Long Term Care Insurance Program (FLTCIP)
  • Federal Thrift Savings Plan (TSP)
  • Federal Flexible Spending Account Program (FSAFEDS)

FDIC Benefits Programs

  • FDIC Choice Dental Insurance
  • FDIC Choice Vision Insurance
  • FDIC Choice Life Insurance
  • FDIC Choice Long-Term Disability Insurance
  • FDIC Savings Plan (401k)
  • FDIC Transit Subsidy
  • FDIC Parking Flexible Spending Account Program
  • Domestic Partner Program

FDIC OIG Flexible Work Options

The Federal Deposit Insurance Corporation (FDIC) Office of Inspector General (OIG) Flexible Work Options program benefits employees by providing flexibility to balance their work and personal lives.  This policy may be reviewed and revised at any time, including due to changes in FDIC or Office of Personnel Management (OPM) telework guidance. The following options may be available, as specified in the vacancy announcement, and subject to management approval based on mission, staffing, and workload requirements:
 
OIG Traditional Telework Option

All OIG employees are eligible to request participation in the Traditional Telework Option.

  • OIG employees may work from home up to but no more than 50% of the time; however, OIG employees are required to report to their official duty station a minimum of 5 days per pay-period.
  • The OIG employee’s official duty station must be an FDIC office or field location (or other approved telework site).
  • Travel expenses and time spent in traveling between the employee’s home and official duty station will not be reimbursed or compensated.
  • Locality pay will be based on the location of the official duty station, not the employee’s home address.

OIG Expanded Telework Option

Only OIG Corporate Grade (CG) employees (non-managers) are eligible to request participation in the Expanded Telework Option.

  • OIG employees may work from home on a recurring basis and may telework more than 50 percent of the time upon request and approval; however, OIG Employees are required to report to their official duty station at least 1 day each pay-period.
  • The OIG employee’s official duty station must be an FDIC office or field location (or other approved telework site).
  • Travel expenses and time spent in traveling between the employee’s home and official duty station will not be reimbursed or compensated.
  • Locality pay will be based on the location of the official duty station, not the employee’s home address.

FDIC OIG Work Schedules 

The FDIC OIG permits a variety of work schedule options.  These include expanded starting and stopping time bands, pre-selection of a variable daily start time, pre-selection of a 30-, 45-, or 60- minute lunch period, a compressed work schedule, and a flexible work schedule (with credit hours).

Holidays and Leave

In addition to vacation time, employees enjoy 11 paid federal holidays each year.
 
Annual Leave - Eligible employees accrue annual leave based on years of Federal service. An employee may use annual leave for vacations, rest and relaxation, and personal business or emergencies. 4 hours per pay period for less than 3 years of service, 6 hours per pay period for 3 years to 15 years of service, and 8 hours per pay period for 15 or more years of service. Corporate Grade (CG) employees can carry over up to 240 hour of leave from year to year. Corporate Managers (CM) can carry over up to 360 hours of annual leave from year to year. Executive Managers (EM) earn 8 hours of annual leave upon appointment, regardless of their amount of Federal service and can carry over up to 720 hours of annual leave from year to year.

Sick Leave - Eligible employees earn 4 hours of sick leave per pay period.  Typically, there are 26 pay periods in a year; therefore, employees accrue 13 days a year.

Paid Parental Leave - The FDIC OIG provides up to 12 weeks of paid leave following the birth of a child, or the adoption or foster care placement of a child.