Va Employee Manual
Paid Time Off:. Our employees earn 13 to 26 days of paid annual (vacation/personal) leave, depending on their profession.
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Mobility: Sometimes life calls for a change of venue, and VA is prepared to answer the call. With more than 1,400 VA facilities in all 50 states, the District of Columbia, and U.S. Territories, our medical professionals have the opportunity to make that change easily. And, only one active, unrestricted state license is required to work in any VA facility. When our employees decide to relocate, they may seek employment at any location with a vacancy, and if hired, transfer with no loss of benefits and no re-licensing required.
Liability Protection: As Federal employees, our health care professionals are protected by the Federal Government in instances of alleged malpractice or negligence resulting from the performance of their duties in, or for the Veterans Health Administration of the Department of Veterans Affairs. The United States Government accepts responsibility and liability for its employees' negligent or wrongful acts or omissions during the exercise of their official duties. This applies when employees' actions are in accordance with the policies of the institution in which they are practicing. Thrift Savings Plan: Build up your retirement nest egg through the. It's the Government version of the private sector's 401(k) Plan.
Contributions are made from pre-tax dollars and both investments and earnings are tax deferred until withdrawn. The plan offers five investment funds to choose from, and you can transfer money from other eligible retirement savings plans into your Thrift Savings Plan account. The Government automatically contributes 1 percent of your salary with additional matching contributions up to a total of 5 percent. Federal Retirement Plan: VA employees are covered by the Federal Employees Retirement System (FERS). FERS is a three-tier retirement plan composed of Social Security benefits, FERS basic benefits, and the (TSP).
Similar to the 401(k) savings plans widely available in the private sector, the TSP allows employees to tax defer a portion of their income each year, subject to the requirements of the Internal Revenue Service. The Government automatically contributes 1 percent of your salary with additional matching contributions up to a total of 5 percent. If you will be age 50 or older during a given year, you may also contribute up to $5,500 in additional “catch-up” contributions if you expect to reach the $17,000 limit during that year. For retired military personnel, these benefits are in addition to full monthly retirement pay or pension.
Va Employee Manual
In addition to FERS, VA provides health care insurance coverage for retired personnel. This javascript is for detecting browser features. There is nothing to see. Your browser does not support JavaScript feature turned off. Your browser does not support JavaScript therefore the live chat option is disabled. Your browser does not support JavaScript feature turned off. Your browser does not support JavaScript feature turned off.
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