FERS Retirement Information
The Federal Employee Retirement System (FERS) is one of the most comprehensive (and sometimes complicated!) retirement programs to navigate.
Your benefits as a FERS Employee are PACKED full of opportunities for retirement income planning, investing, health care, life insurance, long-term care insurance, survival benefits, and more!
It can be a lot to understand your benefits by themselves, let alone how they fit into your overall financial plan.
That is why Plan Your Federal Retirement works to educate Federal Employees on their benefits and how those benefits play into your greater financial plan.
We do not just tell you what your benefits are but, instead, what they mean! This way, when you’re ready to make “Big Life Decisions,” you can take the time to do the research and feel more educated about the decisions you’re making.
Here are some of the topics we will provide you with information on:
- Eligibility — Eligibility requirements for retirement
- Computation — How your retirement pension is calculated
- Creditable Service — What is qualified towards your retirement time
- Planning and Applying — Learn the process to retire and the expected timeline
- Early Retirement — How you can apply, what you give up.
- Types of Retirement — Immediate, Deferred, Disability, Early, and Postponed all defined.
- Deferred — putting off retirement until age 62.
- Military Retired Pay — to buy back or not to buy back military time?
- Immediate Retirement – the main way of qualifying for the pension
- Postponed Retirement – an alternative method of retirement, similar to a Deferred Retirement
- Deferred Retirement – an alternative method of retirement
- FERS Benefit Formula – what it is used for, and how it is calculated
- Disability Retirement – a method of retirement for disabled federal employees
- Understanding What Your High-3 Means
Oh, and while you are here, do not forget to sign up for our FERS Federal Fact Check. We take real questions from Federal Employees throughout the country and explain their benefits, how they work, and what they should watch out for.