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FERS Overview

ONE DAY

Target Audience:  Newly hired & Mid-Career employees.

This one-day FERS overview, will provide an introduction to the FERS system. We will explain the 3 legs, with which the FERS pension is built upon.  We will touch on Social Security, TSP and the FERS retirement program. It is designed for those wanting a quick summary of their retirement benefits.  Here is what we will cover in this one-day overview class:

FEDERAL BENEFITS (FERS)

  • Eligibility
  • Factors affecting annuity computation
  • Computation examples
  • The SRS
  • Retired Military/Military time
  • Survivor Benefits (Spouse, Children)
  • Law Enforcement/Firefighter Issues (When Applicable)
  • 6-C
  • Health/Life/Dental/Vision Insurance
  • Medicare, A, B, D
  • All Issues

SOCIAL SECURITY

  • Major Provisions of PL 98-21
  • Qualifying
  • Retirement Age Increase
  • Auxiliary Benefits
  • Survivor Benefits (Spouse, children)
  • SS Disability
  • How to Apply
  • Earnings Limitations
  • Taxation

THRIFT SAVINGS PLAN 

  • The Funds
  • C-F-G-I-L-S
  • Contributions
  • Withdrawals
  • Asset, Tax, Money Matters

Agency On-Site Classes Only

$300  per employee  (Minimum of 30 employees)

Our Costs include: All expenses, workbook, extra materials, shipping, travel,   Agency will be responsible for the training site.

REGISTER FOR THIS COURSE