# Revolving Fund

**Agency:** Office of Personnel Mgmt  
**Account:** Revolving Fund  
**Source document:** Office of Personnel Management · p. 11  
**Vintage:** President's Budget PB2027  
**Canonical URL:** https://hitchintel.com/budget/opm/revolving-fund  

> **Trust:** parsed from the agency Congressional Justification. Approximate, **not summable**, verify at the cited page.

## Funding ($M)

| Fiscal year | Basis | Amount |
| --- | --- | --- |
| FY2025 | enacted | 607.7 |
| FY2026 | enacted | 392.0 |
| FY2027 | request | 605.3 |

## Office of Personnel Mgmt discretionary budget authority (OMB PBDB — authoritative)

FY2027 $400.0M, FY2026 $400.0M. This is the agency total, not a sum of the parsed lines.


## What this funds

HRS operates in a Federal entrepreneurial environment and manages its Revolving Fund to remain results-oriented and market-based. Customer demand, high satisfaction, and repeat business reflect HRS's ability to deliver high-quality human capital solutions on time and within budget. The Revolving Fund model enables OPM to avoid duplication, achieve economies of scale, and ensure government-wide outlays net to zero while maintaining sufficient retained earnings to hold the fund harmless in the event of liquidation without requiring supplemental In FY 2027, the Human Resources Quality Service Management Office (HR QSMO) will advance government-wide human capital service delivery by strengthening the Federal HR services marketplace, improving service quality, and supporting adoption of modern, interoperable HR solutions. HR QSMO establishes standards and performance expectations for HR service providers and supports agencies in identifying and implementing solutions that improve hiring The Human Resources Solutions Information Technology Program Management Office (PMO) offers information technology services government-wide in the Healthcare and Insurance, Retirement Services, Workforce Policy and Innovation and Merit System Accountability and The PMO delivers innovative, high-quality information technology products and services that enhance organizational effectiveness and boosts productivity. It has three lines of business (LOBs): Benefits Engineering, Talent Engineering, and Data & Artificial Intelligence Engineering. These lines of business include information technology systems that support Federal policy and compliance for the entire human resources journey, from initial employee hiring to retirement, In FY 2025, the PMO focused on maintaining and sustaining various existing systems, including USAJOBS; OPM's Performance system, USA Performance; the USA Data Platform, Enterprise Human Resources Integration; eOPF; and numerous other web-based applications used by multiple Federal agencies across government. In FY 2026, several new priorities and system upgrades are planned. Notably, the PMO will complete its migration to the cloud for appropriate systems by the end of FY 2025, enabling these systems to leverage the efficiency and security of the cloud in FY 2026. For FY 2027 the PMO will maintain focus to deliver solutions support and development for existing USA Suite efforts, and new efforts such as Core HCM, to help with managing data, enabling real-time eligibility verification, and sustaining compliant, secure data pipelines. The PMO will help modernize both talent and retirement applications and integrations, improve performance and resilience, scale cloud-based data platforms for real-time insights and decision support, and advance cybersecurity support through automated compliance and This page is intentionally left blank OPM administers the following Earned Benefits Trust Funds: ' CSRDF - Civil Service Retirement and Disability Fund; and OPM manages the risk reserve account for the Federal flexible spending account program (FSAFEDS). These trust funds are among the largest held by the United States Government. For total $212 billion. These trust funds will finance: the Retirement Program for Federal civilian employees and provide retirement benefits for 2.8 million retirees and survivors; finance the health insurance for an estimated 8.2 million employees, retirees, and eligible family members; and provide life insurance coverage for 4.6 million employees and retirees. A key component of OPM's mission is to administer retirement; health benefits; long-term care insurance; life insurance; dental and vision benefits, and flexible spending accounts for Federal employees, retirees, and their beneficiaries; while maintaining the integrity of these programs. The table below highlights the receipts and outlays for the Federal health benefit fund. Start of Year Balance Actual Estimate Estimate Variance The Federal Employees Health Benefits (FEHB) Fund is a revolving Trust Fund created by the Federal Employees Health Benefits Act of 1959. It finances the largest employer-sponsored group health insurance program in the world. The fund exists to collect and disburse health insurance premiums to private insurers who participate in the FEHB Program and to maintain Health Maintenance Organizations (HMO) plans, Consumer Driven Health plans, and High Deductible plans. The number and type of plans available vary by region or locality. The FEHB fund provides for the cost of health benefits for: ' active employees, including employees of the United States Postal Service who participate in the Postal Service Health Benefits Program; ' annuitants transferred from the Retired Employees Health Benefits (REHB) program as ' employees of Indian tribes or tribal organizations carrying out programs under the Indian Self-Determination and Education Assistance Act or the Tribally Controlled Schools Act of 1988 and urban Indian organizations carrying out programs under Title V of the Indian Health Care Improvement Act; and It also provides for OPM expenses to administer the program. The Retired Employees Health Benefits (REHB) Fund, created by the Retired Federal Employees Health Benefits Act of 1960, provides for the costs of: ' retired employees and survivors who were enrolled in a Government-sponsored ' Government contributions to retired employees and survivors who retain or purchase ' OPM expenses to administer the program. The REHB program is closed to new enrollees and its enrolled population is dwindling. The The FEHB and REHB funds are financed by:


**Where it sits:** Civilian / Non-Defense › Office of Personnel Mgmt › Office of Personnel Management › Revolving Fund


*HitchAI is an independent intelligence service, not affiliated with the U.S. government. Civilian line dollars are parsed from agency Congressional Justifications and are approximate.*