How much will you receive in retirement income when you retire under the Civil Service Retirement System (CSRS)? Here are some examples that will demonstrate how your retirement income is calculated.
A properly implemented insurance plan can save you money, provide flexibility and give you control of that survivorship benefit.
When a Federal employee finds his medical condition prevents one from performing one or more of the essential elements of the job, he is considered “disabled” under the Law, and therefore eligible for Federal Disability Retirement benefits. Such an individual will often not be accommodated by the Agency, if only because “accommodation”is a difficult requirement to fulfill.
This article looks at your retirement annuity when you left federal service, withdrew your contributions and did not re-deposit the money when you returned to work for Uncle Sam. What should you do?
Were you in the military prior to 2002? Are you going to qualify for Social Security? If you answered “yes” to both questions, I have good news for you! You are going to receive extra earnings credits, which will result in a higher Social Security benefit. Here’s how it works.
What is the FERS annuity supplement and how is it calculated? The author says that OPM is over-paying FERS annuity supplements because of differences in how OPM calculates the supplement from how the Social Security Administration calculates payments.
Will federal “deposit service” impact your federal retirement annuity? It may impact CSRS and FERS employees in different ways. Here is an explanation of how this could impact your future retirement income.
In filing for Federal Disability Retirement benefits under FERS or CSRS, it is often the unintentional statement which can devastate a Federal or Postal employee’s disability retirement application.
The Windfall Elimination Provision (WEP) reduces, but does not eliminate, the earned Social Security benefit of a person who is also receiving a pension from a system where no Social Security payments were withheld.
The purpose of filing for Federal Disability Retirement benefits under FERS or CSRS is to get an approval from the Office of Personnel Management. One of the ways to be effective is to cite legal authorities which support the basic criteria for eligibility.
