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Mber 1996 edition is usable Retirement and Insurance Service RI 90-11 Revised October 1997 Additional retirement information and all publications of the U.S. Office of Personnel Management listed in this pamphlet are available on the Internet. OPM Website http://www.opm.gov/asd Table of Contents Page Introduction. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 Eligibility Requirements for Immediate Retirement Under FERS . . . . . . . . . . . . . . . . . . . 1 I. Retire.
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Opms FAQ
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The maximum combined survivor benefits that can be selected for a former spouse(s) and current spouse is 50% of your FERS benefit or 55% of your CSRS or CSRS Offset benefit.
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Surviving Spouse If an employee dies with at least 18 months of creditable civilian service under FERS, a survivor annuity may be payable if: the surviving spouse was married to the deceased for at least nine months, or. the employee's death was accidental, or. there was a child born of the marriage to the employee.
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The Special Death Benefit is a monthly allowance to an eligible surviving spouse, eligible registered domestic partner, or unmarried child under age 22 equal to half of the member's average monthly salary for the last 12 or 36 months, regardless of the member's age or years of service credit.
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Calculating the retirement age depends on your year of birth. If you were born before 1948, then you can retire at 55. If you were born in 1970 or later, you can enjoy minimum retirement at 57. And if you were born between 1948 and 1970, your minimum retirement age will be between 55 and 2 months and 56 and 10 months.
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Your spouse's annuity upon your death will be 55% of the unreduced annuity. If you are married at the time of retirement, you cannot elect less than the maximum survivor annuity without the consent of your spouse.
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Minimum retirement age (55 to 57, based on your year of birth) with 30 or more years of creditable service. Age 60 with 20 years or more of creditable service. Age 62 with five or more years of creditable service.
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The average civilian federal employee who retired in FY2022 was 62.3 years old and had completed 25.1 years of federal service. The average monthly annuity payment to workers who retired under CSRS in FY2022 was $5,447. Workers who retired under FERS received an average monthly annuity of $2,126.
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Surviving Spouse If an employee dies with at least 18 months of creditable civilian service under FERS, a survivor annuity may be payable if: the surviving spouse was married to the deceased for at least nine months, or. the employee's death was accidental, or. there was a child born of the marriage to the employee.
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