Q. When I retire, will I have to pay the full cost of the Federal Employees Health Benefits – $553.50 (276.25 x 2) per month? That would practically wipe out my retirement annuity. Presently, my portion is $85.91, and the portion paid by the government is $190.84.
A. With the exception of Postal Service employees, everyone pays the same premiums when they retire that they did as employees. At retirement, Postal Service retirees lose their union-negotiated subsidy and pay the same as everyone else.