San Francisco Employees' Retirement System (SFERS)

San Francisco Employees' Retirement System (SFERS)

The Federal Retirement Calculator: FERS / CSRS - My Federal PDFs



Alternative Annuity Your benefit might be decreased if you elected a swelling amount payment equal to your retirement contributions and a reduced regular monthly annuity, frequently called an alternative annuity. Just non-disability annuitants who have a dangerous affliction or other vital medical condition can choose this alternative. Disability Retirement Computation FERS disability advantages are calculated in different ways depending on the annuitant's age and amount of service at retirement.


FERS Special Needs Computation if Age 62 or older at retirement, or Fulfill the age and service requirements for immediate voluntary retirement You receive your "made" annuity based upon the general FERS annuity computation, as follows Annuity Formala Age, Solution If age 62 or older at retirement with less than 20 years of service, under age 62 gotten approved for an immediate voluntary retirement 1 percent of your high-3 average salary for each year of service If age 62 or older with 20 or more years of service 1.


Resources - Sound Retirement Planning

CSRS & FERS Retirement Calculator - Federal Government Retirement Calculator

Types of FERS Retirement

What Impact Does The High-3 Have On Your FERS Annuity? - FedSmith.com

However, you are entitled to your "made" annuity, if it is bigger than this quantity. After the first 12 months 40% of your high-3 typical salary minus 60% of your Social Security benefit for any month in which you are entitled to Social Security disability advantages. However,  This Piece Covers It Well  are entitled to your "made" annuity, if it is larger than this amount.


Everything about Calculating Railroad Retirement Employee Annuities - RRB.Gov


If your actual service, plus the credit for time as a special needs annuitant equates to less than 20 years: 1 percent of your high-3 typical wage for each year of service If your actual service, plus the credit for time as an impairment annuitant equals 20 or more years: 1. 1 percent of your high-3 typical income for each year of service Total Service utilized in the computation will be increased by the quantity of time you have gotten an impairment annuity.


Reductions in Disability Annuity Survivor Benefits If you are wed, your benefit will be lowered for a survivor benefit, unless your spouse consented to your election of less than a complete survivor annuity. If the overall of the survivor benefit(s) you elect equals 50% of your advantage, your annuity is decreased by 10%.