Federal Register #2026-17585

FHFA Employee Benefits Records System Modifications Announcement

This notice from the Federal Housing Finance Agency (FHFA) outlines proposed modifications to its Employee Benefits Records system (FHFA-10). - Government Buyer: - Federal Housing Finance Agency (FHFA) - System Details: - Manages records for current and former FHFA employees, their spouses, domestic partners, dependents, and beneficiaries - Covers participation in FHFA employee benefits programs, including health club memberships, insurance, retirement savings, and other sponsored benefits - Proposed Modifications: - Updates to security classification, system location, and system manager - Changes to legal authorities, categories of individuals and records maintained, and record source categories - Revised, removed, and added routine uses - Updates to policies for storage, retention, and disposal of records - Enhanced administrative, technical, and physical safeguards - Clarification of system purpose and scope - Procurement Details: - No products or services are being procured - No OEMs or vendors are mentioned - Unique Requirements: - Focused on privacy, security, and record management improvements - No procurement activity or contract opportunity associated with this notice

Description

The Federal Housing Finance Agency (FHFA) is proposing to modify an existing system of records titled "Employee Benefits Records, FHFA-10." This system contains documentation related to current and former FHFA employees and their families who participate in FHFA employee benefits programs such as health club memberships, insurance programs, and retirement savings. The modifications include updates to system security classification, system location, system manager, legal authorities, categories of individuals and records, routine uses, and policies for storage, retention, and disposal of records. The system supports the full lifecycle of benefits-related activities, ensuring accurate processing of claims, reimbursements, contributions, payroll deductions, and benefit payments.

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