Federal Reserve Employee Benefits

Login / Register / Enrollment

Federal Reserve Main Telephone:

202-452-3000

Employee Benefits May Include the following:

401k, Pension, Retirement, Retiree, Health Insurance, Medical, Vision, Dental, IRA, Competitive Base Pay, Quarterly Bonus, Paid Time Off, Weekly Pay, Medical, Dental, Vision, Insurance, Health Savings Account, Flexible Spending Accounts, Short-Term and Long-Term Disability, Paid Family Medical Leave, Bereavement, Jury Duty and Parental Leave, Life, Dependent and Accident Insurance, Critical Illness Insurance, Savings Plan 401(k), Company Paid Retirement Benefit, Employee Stock Purchase Plan, Paid Holidays, Flexible Spending Accounts (FSAs), Health Savings Account (HSA), Time Off and Flexible Days, Group Legal Plan, Group Home Auto Insurance, Pet Insurance, Employee Discounts, Adoption Reimbursement, Tuition Reimbursement and Student Loans, Well-Being Programs, etc…

By submitting this form, you are consenting to receive marketing emails from: HealthManagementCorp (HMC). You can revoke your consent to receive emails at any time by using the Unsubscribe link, found at the bottom of every email. By using this form, you acknowledge that you have read and agree to the Privacy Policy and Terms & Conditions.

Company Summary:

The Federal Reserve, also known as The Fed is a central banking system of the United States. They are responsible for conducting national monetary policy, maintaining financial stability, Promotes safety and soundness of individual financial institutions, fosters the payment and settlement system, promotes consumer protection and community development. The Federal Bank was created by Congress in December 23, 1913 with the enactment of the Federal Reserve Act. Due to many financial panics, there was a need for central control of the monetary system to relieve current and future financial crisis.

Did you know?

There is a Board of Governors located in Washington D.C. who governs the body of the Fed. The United States President nominates seven members and confirmed by the U.S. Senate. Each member serves a 14 year term and serve on the Federal Open Market Committee (FOMC) which is a body within the system that sets monetary policy. The Board of Governors oversee 12 Federal Reserve Districts, which are based on economic considerations, prevailing trade regions that existed in 1913.

Final Company Statement:

The mission of the Board and Federal Reserve is to promote stability, integrity, effectiveness, and efficiency of the nation’s monetary, financial, and payment systems to promote ideal macroeconomic performance.

What kind of benefits do Federal Reserve employees get?

Quick Summary of Benefits:

They have a record of around 20,000 employees in their organization.  Their employees may join in a wide selection of benefit programs as soon as they become eligible.  They may be eligible to the following benefits once they are qualified:

  • Health
  • Dental 
  • Vision
  • Flexible Savings Account (FSA)
  • Life Insurance 
  • Short & Long Term Disability
  • Group Legal, Auto, and Homeowners Insurance
  • Accidental Death & Dismemberment Insurance
  • 401K Plan
  • Retirement
  • Pension Plan
  • Federal Reserve Thrift Plan

Some of their benefits may also include the following:

  • Alternative Work Arrangements
  • Transportation Subsidy
  • Academic Tuition
  • Holidays
  • Sick Leave
  • Paid Parental Leave
  • Career Development
Please note:

That the full list of benefits available to new employees varies from location to location due to differences in local laws, regulations, and customs – and may change at any time.

Do Federal Reserve employees get a Pension?

Most employees are eligible for the Federal Reserve Retirement Plan.

Does Federal Reserve have good benefits?

The benefits listed above are a quick summary of the benefits Federal Reserve offers to employees.

B.A.M. Recommendation:

“Please visit the official company website directly to verify all benefit options and details. You may also visit the link(s) provided below for more information and verification.”

  • https://www.federalreserve.gov/careers-benefits.htm

Your Benefits Resources (YBR) Website:

The YBR Web site is available 24 hours a day, seven days a week. YBR provides information, tools and calculators to help you:

  • Learn how your benefit plans work.
  • Understand the expenses and services that your options cover.
  • Build your own medical plan, selecting from various coverage options.
  • Compare health care and insurance options.
  • Estimate your out-of-pocket costs for your medical options.
  • Search for doctors, dentists, and eye doctors online using the criteria you enter.
  • Choose or change your beneficiary(ies).
  • Estimate your need for:
    • Life and long-term disability insurance coverage; and
    • A health care and/or dependent care spending account.
  • Get answers to questions about your benefits. Use the “Contact Us” link on the site to send a secure question to a Customer Service Representative.
Information on your health and welfare, 401(k), pension and FSA benefits. For example:
Health and welfare
  • View your current health and welfare benefits coverage
  • Make enrollment decisions
401(k)
  • View your current 401(k) balance and change contributions
  • Make fund transfer and investment election changes
Pension
  • If you are eligible for a pension benefit:
    • View your pension information
    • Project your pension income
    • Start your pension
    • Make beneficiary designations and changes (if applicable)
FSA
  • Manage your FSA(s)
General Tasks:
  • Request a new User ID and password or change your existing User ID and password
  • Learn more about your benefits
  • Review, add or change your dependent or beneficiary information on file (if applicable)
  • Understand how a Life Event may affect your benefits

B.A.M. Recommendation:

 

“Please visit the official company website directly to verify all benefit options and details.”

This image has an empty alt attribute; its file name is icongearmanager-1-e1572620555362.pngManage Your Benefits Resources | Federal Reserve Staff Member / Employee Account

Current Employees – Login / Sign in:

  1. Visit this link in your preferred internet browser on your device.
  2. Type in your User ID in the space provided.  
  3. Type in your current Password in the space provided.  
  4. Select either the grey “Log on” button to proceed.
  5. You may now be able to manage your account online.

New Employees – Register / Enroll:

  1. Visit this link in your preferred internet browser on your device.
  2. Select the “New User?” link found below the logon details found on the page.
  3. Type in the last 4 digits of your SSN in the space provided.  
  4. Enter your Date of Birth in the spaces provided.
  5. Select the blue “Continue” button to move forward.
  6. Continue to move forward and provide every important information that is asked of you to create a new account online.

You will be directed to your account details where you may start to manage or review as soon as your registration has been successfully completed.

Other helpful links:
  1. https://digital.alight.com/benefitsexpressoeb
  2. http://digital.alight.com/benefitsexpressoeb/
  3. https://leplb0380.upoint.alight.com/web/benefitsexpressoeb
  4. www.ybr.com/benefitsexpressoeb
  5. https://www.ybr.com/benefitsexpressoeb
  6. http://www.ybr.com/benefitsexpressoeb
Helpful PDF links:
Video Summary:

FAQ

Are Federal Reserve Bank employees Federal employees?

Federal Reserve Bank employees are not government employees.

Do Federal Reserve employees get discounts?
  • Yes. View the list and links provided below:
    • Corporate Shopping
      • Receive special employee pricing, everyday discounts, private offers and much more! Click HERE
    • Rental Perks
      • Federal Reserve employees are eligible for exclusive employee discount rates at all top car rental companies: Avis, Alamo, Uber, Budget, Hertz, Enterprise and more! Click HERE

Federal Reserve Main Telephone:

202-452-3000

Employee Benefits May Include the following:

401k, Pension, Retirement, Retiree, Health Insurance, Medical, Vision, Dental, IRA, Competitive Base Pay, Quarterly Bonus, Paid Time Off, Weekly Pay, Medical, Dental, Vision, Insurance, Health Savings Account, Flexible Spending Accounts, Short-Term and Long-Term Disability, Paid Family Medical Leave, Bereavement, Jury Duty and Parental Leave, Life, Dependent and Accident Insurance, Critical Illness Insurance, Savings Plan 401(k), Company Paid Retirement Benefit, Employee Stock Purchase Plan, Paid Holidays, Flexible Spending Accounts (FSAs), Health Savings Account (HSA), Time Off and Flexible Days, Group Legal Plan, Group Home Auto Insurance, Pet Insurance, Employee Discounts, Adoption Reimbursement, Tuition Reimbursement and Student Loans, Well-Being Programs, etc…

By submitting this form, you are consenting to receive marketing emails from: HealthManagementCorp (HMC). You can revoke your consent to receive emails at any time by using the Unsubscribe link, found at the bottom of every email. By using this form, you acknowledge that you have read and agree to the Privacy Policy and Terms & Conditions.

Company Summary:

The Federal Reserve, also known as The Fed is a central banking system of the United States. They are responsible for conducting national monetary policy, maintaining financial stability, Promotes safety and soundness of individual financial institutions, fosters the payment and settlement system, promotes consumer protection and community development. The Federal Bank was created by Congress in December 23, 1913 with the enactment of the Federal Reserve Act. Due to many financial panics, there was a need for central control of the monetary system to relieve current and future financial crisis.

Did you know?

There is a Board of Governors located in Washington D.C. who governs the body of the Fed. The United States President nominates seven members and confirmed by the U.S. Senate. Each member serves a 14 year term and serve on the Federal Open Market Committee (FOMC) which is a body within the system that sets monetary policy. The Board of Governors oversee 12 Federal Reserve Districts, which are based on economic considerations, prevailing trade regions that existed in 1913.

Final Company Statement:

The mission of the Board and Federal Reserve is to promote stability, integrity, effectiveness, and efficiency of the nation’s monetary, financial, and payment systems to promote ideal macroeconomic performance.

What kind of benefits do Federal Reserve employees get?

Quick Summary of Benefits:

They have a record of around 20,000 employees in their organization.  Their employees may join in a wide selection of benefit programs as soon as they become eligible.  They may be eligible to the following benefits once they are qualified:

  • Health
  • Dental 
  • Vision
  • Flexible Savings Account (FSA)
  • Life Insurance 
  • Short & Long Term Disability
  • Group Legal, Auto, and Homeowners Insurance
  • Accidental Death & Dismemberment Insurance
  • 401K Plan
  • Retirement
  • Pension Plan
  • Federal Reserve Thrift Plan

Some of their benefits may also include the following:

  • Alternative Work Arrangements
  • Transportation Subsidy
  • Academic Tuition
  • Holidays
  • Sick Leave
  • Paid Parental Leave
  • Career Development
Please note:

That the full list of benefits available to new employees varies from location to location due to differences in local laws, regulations, and customs – and may change at any time.

Do Federal Reserve employees get a Pension?

Most employees are eligible for the Federal Reserve Retirement Plan.

Does Federal Reserve have good benefits?

The benefits listed above are a quick summary of the benefits Federal Reserve offers to employees.

B.A.M. Recommendation:

“Please visit the official company website directly to verify all benefit options and details. You may also visit the link(s) provided below for more information and verification.”

  • https://www.federalreserve.gov/careers-benefits.htm

Your Benefits Resources (YBR) Website:

The YBR Web site is available 24 hours a day, seven days a week. YBR provides information, tools and calculators to help you:

  • Learn how your benefit plans work.
  • Understand the expenses and services that your options cover.
  • Build your own medical plan, selecting from various coverage options.
  • Compare health care and insurance options.
  • Estimate your out-of-pocket costs for your medical options.
  • Search for doctors, dentists, and eye doctors online using the criteria you enter.
  • Choose or change your beneficiary(ies).
  • Estimate your need for:
    • Life and long-term disability insurance coverage; and
    • A health care and/or dependent care spending account.
  • Get answers to questions about your benefits. Use the “Contact Us” link on the site to send a secure question to a Customer Service Representative.
Information on your health and welfare, 401(k), pension and FSA benefits. For example:
Health and welfare
  • View your current health and welfare benefits coverage
  • Make enrollment decisions
401(k)
  • View your current 401(k) balance and change contributions
  • Make fund transfer and investment election changes
Pension
  • If you are eligible for a pension benefit:
    • View your pension information
    • Project your pension income
    • Start your pension
    • Make beneficiary designations and changes (if applicable)
FSA
  • Manage your FSA(s)
General Tasks:
  • Request a new User ID and password or change your existing User ID and password
  • Learn more about your benefits
  • Review, add or change your dependent or beneficiary information on file (if applicable)
  • Understand how a Life Event may affect your benefits

B.A.M. Recommendation:

 

“Please visit the official company website directly to verify all benefit options and details.”

This image has an empty alt attribute; its file name is icongearmanager-1-e1572620555362.pngManage Your Benefits Resources | Federal Reserve Staff Member / Employee Account

Current Employees – Login / Sign in:

  1. Visit this link in your preferred internet browser on your device.
  2. Type in your User ID in the space provided.  
  3. Type in your current Password in the space provided.  
  4. Select either the grey “Log on” button to proceed.
  5. You may now be able to manage your account online.

By submitting this form, you are consenting to receive marketing emails from: HealthManagementCorp (HMC). You can revoke your consent to receive emails at any time by using the Unsubscribe link, found at the bottom of every email. By using this form, you acknowledge that you have read and agree to the Privacy Policy and Terms & Conditions.

New Employees – Register / Enroll:

  1. Visit this link in your preferred internet browser on your device.
  2. Select the “New User?” link found below the logon details found on the page.
  3. Type in the last 4 digits of your SSN in the space provided.  
  4. Enter your Date of Birth in the spaces provided.
  5. Select the blue “Continue” button to move forward.
  6. Continue to move forward and provide every important information that is asked of you to create a new account online.

You will be directed to your account details where you may start to manage or review as soon as your registration has been successfully completed.

Other helpful links:
  1. https://digital.alight.com/benefitsexpressoeb
  2. http://digital.alight.com/benefitsexpressoeb/
  3. https://leplb0380.upoint.alight.com/web/benefitsexpressoeb
  4. www.ybr.com/benefitsexpressoeb
  5. https://www.ybr.com/benefitsexpressoeb
  6. http://www.ybr.com/benefitsexpressoeb
Helpful PDF links:
Video Summary:

FAQ

Are Federal Reserve Bank employees Federal employees?

Federal Reserve Bank employees are not government employees.

Do Federal Reserve employees get discounts?
  • Yes. View the list and links provided below:
    • Corporate Shopping
      • Receive special employee pricing, everyday discounts, private offers and much more! Click HERE
    • Rental Perks
      • Federal Reserve employees are eligible for exclusive employee discount rates at all top car rental companies: Avis, Alamo, Uber, Budget, Hertz, Enterprise and more! Click HERE