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United States Office of Personnel Management The Federal Government s Human Resources Agency Retirement and Insurance Service Benefits Administration Letter Number 02-102 Subject Date May 1 2002 Retirement Election Opportunities for Former DoD or Coast Guard Nonappropriated Fund Employees Under Public Law 107-107 the National Defense Authorization Act for Fiscal Year 2002 This Benefits Administration Letter BAL describes changes made in the National Defense Authorization Act for Fiscal Year...
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Retirement and insurance service refers to a financial benefit program provided by employers to their employees. This service includes retirement plans such as pensions, 401(k) plans, and other forms of retirement savings, as well as insurance coverage such as health insurance, life insurance, and disability insurance.
Employers are required to file retirement and insurance service on behalf of their employees. Both private and public sector employers need to provide these benefits to their eligible employees and ensure the proper filing of related documents.
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The purpose of retirement and insurance service is to provide financial security and protection for employees during retirement or in various unforeseen circumstances. These benefits help employees save for retirement, ensure access to healthcare services, and provide support in case of disability, death, or other covered events.
The information reported on retirement and insurance service typically includes employee details such as name, Social Security number, employment dates, compensation, benefit enrollment, and any beneficiary information. Specific reporting requirements may vary depending on the jurisdiction and applicable regulations.
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