FERS
A system with three components: annuity, Social Security, and TSP.
What is FERS?
Post‑2014 FERS employee contribution percentage.
What is 4.4%?
What coverage protects you in the absence of FEHB after separation?
What is Temporary Continuation of Coverage (TCC) for up to 18 months?
Basic FEGLI coverage must be held for this long before retiring to continue it.
What is five years.
LEO stands for this, in a retirement context.
What is Law Enforcement Officer.
The year FERS became effective, replacing CSRS.
What is 1987?
FERS employees hired before 2013 contribute this percent.
What is 0.8%? or 3.1%
What qualifies you to change enrollment outside Open Season.
What are Qualifying Life Events (QLEs
FEGLI conversion to an individual policy can occur within this timeframe post‑separation.
What is 31 days.
LEO are eligible for higher accrual—1.7% per year for first 20 years under this.
What is FERS (and CSRS).
FERS high‑3 average multiplied by this percentage per year for those under age 62 with fewer than 20 years.
What is 1%?
Unused sick leave is converted to this — used to boost service credit.
What is creditable service?
What is the payroll tax treatment of FEHB premiums for active employees?.
What is premiums are deducted pre‑tax?
To change FEGLI beneficiaries, you file this form.
What is SF‑2823 or Designation of Beneficiary
LEO with 20 years of covered service are eligible for immediate retirement at this age.
What is age 50 under CSRS/FERS.
Increased accrual rate (from 1% to 1.1%) for FERS retirees meeting this age and service threshold.
What is age 62 with 20 years of service?
Under FERS, employees receive agency contributions to TSP equal to this percent of pay.
What is 1% plus matching up to 5%?
What past years of coverage are needed to keep FEHB into retirement.
What is 5 consecutive years immediately before annuity, or full service if less?
FEGLI Basic life free option in retirement
what is 75% reduction option
LEOs must retire at this age or after 20 years of service.
What is age 57 (or 56 for ATC).
Mandatory retirement supplement paid until age 62 to bridge Social Security gap
What is the FERS annuity supplement?
Benefits under FERS are payable to workers with out penalty.
What is MRA+30 yrs, age 60 with 20years and age 62 with 5 yrs?
What is the tax treatment of FEHB premiums after retirement?
What is premiums are paid post‑tax in retirement?
what is the cost of basic life coverage for a postal employee
what is Free
LEO coverage includes protecting these high‑risk individuals.
What are US officials.