Survivor Benefits

Survivor Benefits

If you are married, your benefit will be reduced for a survivor benefit, unless your spouse consented to your election of less than a full survivor annuity. If the total of the survivor benefit(s) you elect equals 50% of your benefit, your annuity is reduced by 10%. If the total equals 25%, the reduction is 5%.

Unpaid or Refunded Service

If you have a CSRS component in your annuity:

  • The CSRS portion of your benefit will be reduced by 10% of any deposit owed for CSRS non-deduction service performed before October 1, 1982, unless the deposit was paid before retirement.
  • The CSRS portion of your non-disability benefit will be reduced by an actuarial factor for any CSRS refunded service performed before October 1, 1990, if you do not repay the refund before retirement and your annuity commences after December 2, 1990.

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Alternative Annuity

Your benefit may be reduced if you elected a lump sum payment equal to your retirement contributions and a reduced monthly annuity, commonly called an alternative annuity. Only non-disability annuitants who have a life-threatening affliction or other critical medical condition can elect this option.

Disability Retirement Computation

FERS disability benefits are computed in different ways depending on the annuitantís age and amount of service at retirement. In addition, FERS disability retirement benefits are recomputed after the first twelve months and again at age 62, if the annuitant is under age 62 at the time of disability retirement.

FERS Disability Computation if

  • Age 62 or older at retirement, or
  • Meet the age and service requirements for immediate voluntary retirement
Age
Formula
If age 62 or older at retirement with less than 20 years of service,or
1 percent of your high-3 average salary for each year of service
Under age 62 qualified for an immediate voluntary retirement
If age 62 or older with 20 or more years of service
1.1 percent of your high-3 average salary 1.2 for each year of service

FERS Disability Computation if

  • Under age 62 at retirement, and
  • Not eligible for voluntary immediate retirement

Annuity Formula