Not affiliated with The United States Office of Personnel Management or any government agency

Not affiliated with The United States Office of Personnel Management or any government agency

Phased Retirement – Survivors Benefit

Phased Retirement

Phased RetirementThe Phased Retirement program as it stands provides no survivor benefit based on the proposed Phased Retirement annuity.

However, if the employee dies prior to full retirement, survivor benefits will be the same as an employee who dies in service.  Some minor adjustments will be made as the special structure of the Phased Retirement program dictates.

Although the Phased Retirement period will be treated as part-time when computing the survivor annuity, the basic Employee Death Benefit will be based on the full-time earnings of the employee’s position. Remember to stay up to date on the current information to ensure your retirement is comfortable and secure. There is no such thing as ‘over-preparation’ when concerning your retirement. Be sure to utilize the links at the bottom of this article to ensure you have a solid understanding of the topic. Individuals under special retirement conditions such as mandatory retirement may not participate in the Phased Retirement program.

P. S.  Always Remember to Share What You Know.

 

OTHER RELATED ARTICLES

Search for Public Sector Retirement Expert.

Receive the Best advice.

PSR Experts can help you determine if Public Sector Retirement is right for you or if you should look for alternatives.

The Best Advice creates
the best results.

Recent Articles

Early Retirement for Federal Employees: The Must-Do List Before You Hand In That Notice

Key Takeaways Early retirement for federal employees involves important financial and healthcare considerations, including pension adjustments and eligibility for continued...

What Does the Federal Retirement Process Look Like?

Key Takeaways: The federal retirement process involves multiple steps, including assessing eligibility, planning, filing applications, and transitioning to retirement.Understanding each...

Basics of Civil Service Retirement System (CSRS): You Should Know These

Key Takeaways Understanding the basics of the Civil Service Retirement System (CSRS) is essential for federal employees planning their retirement.This...

Search For Public Sector Retirement Expert

Receive the Best advice.

PSR Experts can help you determine if
Public Sector Retirement is right for you or if you should
look for alternatives.

The Best Advice creates

the best results.

Subscribe to our Newsletter

"*" indicates required fields

Our Readers Deserve The Best PSHB and USPS Health Benefits Guidance

Licensed insurance agents who understand PSHB, Medicare, and USPS Health Benefits Plan are encouraged to apply for a free listing.

This field is for validation purposes and should be left unchanged.

Book Phone Consultation

"*" indicates required fields

This field is for validation purposes and should be left unchanged.

Get In Touch

Stay up to date on the latest information about Public Sector Retirement.

The Best Advice Creates The Best