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FERS is a retirement plan that provides benefits from three different sources: a Basic Benefit Plan, Social Security and the Thrift Savings Plan (TSP). Two of the three parts of FERS (Social Security and the TSP) can go with you to your next job if you leave the Federal Government before retirement.
- Eligibility
Deferred Retirement. Refers to delayed payment of benefit...
- Computation
Your retirement includes a portion computed under Civil...
- Types of Retirement
If you are a former Federal employee who was covered by the...
- Contact
OPM Retirement Services processes benefits for federal...
- Former Employees
Application for Refund of Retirement Deductions (FERS),...
- Creditable Service
With certain minor exceptions, a Federal Employees...
- Service Credit
With certain exceptions, a Federal Employees Retirement...
- Military Retired Pay
If you want to waive your military retired pay to receive...
- Eligibility
If you are a former Federal employee who was covered by the Federal Employees Retirement System (FERS), you may be eligible for a deferred annuity at age 62 or at your Minimum Retirement Age (MRA).
Your retirement includes a portion computed under Civil Service Retirement System (CSRS) rules. FERS retirees under age 62 who do not fall into one of the categories above, are not eligible for cost-of-living increases until they reach age 62.
FERS (Federal Employees Retirement System) has three main components: Basic FERS Retirement Pension. Social Security. Thrift Savings Plan (TSP) Your FERS pension and Social Security will be fixed dollar amounts. But the money you get from your TSP will depend on how much you contributed and how well you managed the money.
5 ημέρες πριν · The Federal Employees Retirement System, or FERS, is the retirement plan for all civilian employees in the U.S. federal government. With FERS, employees receive retirement benefits from...
15 Δεκ 2022 · The Federal Employee Retirement System provides retirement benefits for nearly all civilian federal employees who’ve come aboard since 1983. The IRS calls FERS, which took effect in 1987,...
The Federal Employees' Retirement System (FERS) is the retirement system for employees within the United States civil service. FERS [1] became effective January 1, 1987, to replace the Civil Service Retirement System (CSRS) and to conform federal retirement plans in line with those in the private sector. [2] FERS consists of three major components: