Creditable Service
Service in which retirement deductions were not withheld during the performance of duty
What is FICA (Social Security) service?
Employee needs to have at least 18 months of civilian service regardless of age.
What is disability retirement?
Employee's salaries are used during their highest consecutive period of service.
What is the average high three salary?
Employee has additional vision and dental benefits?
What is FEDVIP?
Office with the initials (ANP).
What is the Annuity Payment Branch?
Receives credit only during a period of service when an employee works.
What is intermittent service?
What is early retirement?
What are the options for survivor benefits?
Employee has an additional $10,000 worth of coverage.
What is Option A coverage?
What is the IRR card?
Employee is receiving pay from DFAS and can continue to receive this payment until their retirement date.
What is military retired pay?
Employee has reached the age requirement with less than 30 years of service?
What is a MRA+10 retirement?
Annuitant elected survivor annuity at time of retirement and spouse dies later?
What is restoration to full annuity?
Proceeds are paid to the employee when a spouse or children die.
What is Option C?
Employee receives about 80% of their annuity until OPM finalizes their claim.
What are interim payments?
These forms are used when transferring service
DS 5003; DS 5088; DS 5007; SF 3108
What is a transfer of funds from FS to CS?
Employee has less than 30 years of service and has not met the age and service requirements.
What is a resignation?
For 2024, employee can earned up to $22,320 before the supplement is adjustment.
What is the exemption amount?
Government pays 75% of premium and employee pays 25% of the premium.
What is the cost of health coverage?
What is the enhanced general formula?
Service that can be used to meet to eligibility requirements and computation purposes.
What is time and money?
Employee has eligible for a deferred annuity but it will exclude what additional benefits.
What is sick leave and insurance?
This benefit is provided prior to becoming eligible for Social Security
What is an annuity supplement?
Employee allowed to retain health and life insurance with less than 5 years of coverage.
What is first opportunity to enroll?
Employee receives a reduction in the annuity due to their age at the time of retirement.
What is postpone annuity?