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FERS Annuity Benefit

FERS Annuity Benefit

Did you know? OPM offers a bonus to your pension going retro active.

 

FERS Retirement:

One of two types of retirement offered by the Federal Government, the Federal Employee Retirement System (FERS) offers three levels of benefits:

  • Federal Pension Annuity
  • Social Security
  • The Thrift Savings Plan (TSP)

Retirement Eligibility with FERS is dependent upon employee age and years of creditable services and is broken down into the following groups:

  • NO REDUCTION
  • Early/Reduced
  • Deferred -Delay receiving annuity until 62 with no penalty
  • Involuntary (Reduction in Force)/Voluntary (VERA)
  • Special Provisions- E.G.-LAW ENFORCEMENT

Active Duty Military Service IS creditable. You only have to repay 3% of total earning plus interest.

  • Army
  • Air Force
  • Navy
  • Coast Guard
  • Marine Corps

For more details on FERS Annuity, click here.

Sign up for your personalized packet and see if you qualify.