Pre-Retirement
Retirement benefits are among the important benefits of Federal employment.
It’s never too early to start planning for your retirement.
In this section of the OPM website, prospective Federal employees, current Federal
employees, and HR specialists can find information about Federal retirement
benefits. From the menu items at the left, you will find information about
the following:
CSRS Retirement – Most
Federal employees will be in one of two retirement systems. The Civil
Service Retirement System (CSRS) originally covered employees first employed
prior to 1987. This section provides information for employees covered
under CSRS including types of retirement, eligibility, and computation rules.
FERS Retirement - The Federal
Employees Retirement System (FERS) is the newest retirement system generally
covering employees employed after 1987 and those who voluntarily switched from
CSRS. This section provides information for employees covered under FERS
including types of retirement, eligibility, and computation rules.
FERCCA - Federal Erroneous
Retirement Coverage Corrections Act (FERCCA). Some employees have ended
up in the incorrect retirement system. This section provides information
and options for identifying and correcting these problems.
Planning for Retirement –
Here you can find specific steps, information, and tools you should use to plan
your retirement. This includes information for employees five years,
one year, and less than one year from retirement.
Death of Employee – In
the event that a Federal employee dies, monthly or lump sum benefits may be
due. This section describes the benefits and rules.
Benefits Resources Officers Resources – Human Resources Practitioners are responsible for the successful management of employee retirements from Federal agencies. This site assists you by providing the tools, resources, and guidance to manage your agency’s retirements effectively.