FERS Retirement

Civil Service Discussion.

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ProduceMan
Posts: 573
Joined: Thu Jan 18, 2018 12:01 pm

FERS Retirement

Post by ProduceMan »

Anyone recently retired under FERS with part time service?
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rcozby
Posts: 341
Joined: Mon Aug 11, 2014 12:14 pm

Re: FERS Retirement

Post by rcozby »

Yup. Wife did last year. Everything was calculated pro-rata.

michigande
Posts: 110
Joined: Mon Feb 13, 2012 5:51 pm

Re: FERS Retirement

Post by michigande »

Have you checked out Dan Jamison's FERSGuide? He's a subject matter expert on all things FERS, probably something in there for you https://fersguide.com

ProduceMan
Posts: 573
Joined: Thu Jan 18, 2018 12:01 pm

Re: FERS Retirement

Post by ProduceMan »

Thanks Rcozby and Michigande.
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ProduceMan
Posts: 573
Joined: Thu Jan 18, 2018 12:01 pm

Re: FERS Retirement

Post by ProduceMan »

Rcozby, did your wife’s agency provide a detailed breakdown of the calculation used for the pension
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rcozby
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Re: FERS Retirement

Post by rcozby »

ProduceMan wrote:Rcozby, did your wife’s agency provide a detailed breakdown of the calculation used for the pension
ProduceMan,

They did. As part of her retirement package, my wife received a Part-Time Proration Factor Report that identified each period of service where the work schedule was 80 hours Biweekly or otherwise and the factors used to calculate their contribution to the pension amount. We were able to verify it against our own records and they were spot on. This was an Army HR product and we were pretty impressed.

ProduceMan
Posts: 573
Joined: Thu Jan 18, 2018 12:01 pm

Re: FERS Retirement

Post by ProduceMan »

Thank you Rcozby, GO ARMY
Moneys’ Money Making Money (4M)

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