[vc_row][vc_column width=”2/3″ el_class=”section section1″][vc_column_text]Children who suffer the loss of one or both parents can receive annuity benefits up to age 18, but children enrolled full-time in higher education are permitted to these benefits until they turn 22 years old.
However, there is yet another situation where these benefits can continue past these cutoffs. If a child has suffered a physical or mental disability before 18, is not married and cannot support themselves, the benefits can continue until they no longer meet the requirements (if ever).
For a disabled child to qualify for this benefit, the OPM must be provided with the following information about the child:
-Residence
-Education
-Employment
The doctor, your child, sees must also provide information documenting the medical condition.
- Also Read: Did You Know About These Roth IRA Withdrawal Rules? Find Out Here
- Also Read: Why Social Security and Federal Pensions Don’t Always Work Together as Seamlessly as You Think
- Also Read: Balancing Social Security with Your Federal Pension—Here’s What Works and What to Be Careful With
Their monthly benefits are similar to the FERS and CSRS programs, and the same for disability-based or standard benefits. Therefore, a child with one living parent married to an employee or retiree will receive a monthly benefit of $537 up to $1,611 a month divided by the number of children.
If both parents are dead, the child receives $644 a month up to $1,932 divided by the number of children. Cost of living adjustments will increase these numbers each year.
Special Note: Children of FERS or CSRS Offset employees/retirees will get a reduced benefit by the amount the SSA pays to them.
[/vc_column_text][/vc_column][vc_column width=”1/3″][vc_single_image image=”37206″ img_size=”292×285″ style=”vc_box_shadow”][/vc_column][/vc_row]