Should You Elect a Survivor Benefit for Your Spouse?
Should you elect a survivor benefit for your spouse? You must pay for survivor benefits out of your annuity. Here are the costs and some of the considerations when you make this decision.
Should you elect a survivor benefit for your spouse? You must pay for survivor benefits out of your annuity. Here are the costs and some of the considerations when you make this decision.
A surviving widow of a retired federal employee tried without success to convince OPM, the MSPB and the appeals court that her deceased husband had provided her a survivor’s annuity.
What will happen to a federal employee’s annuity in the event of a divorce? The answer is not always clear–even after a decision from OPM and the MSPB as demonstrated by this case.
The federal retirement system can be complex and confusing. Add a divorce into the mix, and the confusion and complexity increase. Here is a recent case that shows how confusing the issue of a survivor annuity can become as a result of a divorce.
CSRS employees get credit for unused sick leave when they retire which can create confusion for employees under FERS.