Applying for Deferred or Postponed Retirement Under the Federal Employees Retirement System FERS

This pamphlet covers the rules, regulations, eligibility, and process for applying for a Federal employee retirement annuity for former Federal employees covered by the Federal Employees Retirement System (FERS).

ITEM AVAILABLE DATE 03/31/17.

Get a first-hand account of this book on our blog: https://govbooktalk.gpo.gov/2018/04/25/maximize-your-dollars-during-mone...

Table of Contents:
Introduction
Eligibility:
-Age and Service Requirements
-Age Reduction
-Health Benefits, Life Insurance and Federal Dental and Vision Program Coverage
-Federal Long Term Care Insurance Coverage
Applying for Benefits:
-Form to Use
-When to Send Applications to the Office of Personnel Management (OPM)
-What to do if Your Address Changes Before Processing is Complete
-What Happens After You File Your Retirement Application
Payments:
-Payment and Accrual of Annuity
-Method of Payment of Annuity
Survivor Benefits:
-Married Applicants
-Cost of Survivor Annuity Election
-Spousal Consent Requirement
-Waiving the Spousal Consent Requirement
-Electing a Survivor Annuity for a Former Spouse
-Electing a Survivor Annuity for a Current Spouse When a Court Order Gives a Survivor Annuity to a Former Spouse
-Electing an Insurable Interest Annuity for a Current Spouse When a Court Order Gives a Survivor Annuity to a Former Spouse
-Electing an Insurable Interest Survivor Benefit for an Individual Other than Your Spouse
-Termination of Survivor Elections
Changing the Survivor election After Retirement:
-If It is Within 30 days of Your First Regular Annuity Payment
-If It is More Than 30 Days from the Date of Your First Regular Monthly Payment, but Less than 18 Months from the Commencing Date of Your Annuity
-Electing Survivor Benefits for a Spouse Acquired After Retirement
Contacting the Office of Personnel Management

This pamphlet is for former Federal employees who were covered under the Federal Employees Retirement System (FERS) and are applying for deferred retirement, or postponed the beginning date of their retirement and now want the benefit to begin.