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FERS is a retirement plan that provides benefits from three different sources: a Basic Benefit Plan, Social Security and the Thrift Savings Plan (TSP). Two of the three parts of FERS (Social Security and the TSP) can go with you to your next job if you leave the Federal Government before retirement.
Your retirement includes a portion computed under Civil Service Retirement System (CSRS) rules. FERS retirees under age 62 who do not fall into one of the categories above, are not eligible for cost-of-living increases until they reach age 62.
Eligibility is determined by your age and number of years of creditable service. In some cases, you must have reached the Minimum Retirement Age (MRA) to receive retirement benefits. Use the following chart to figure your Minimum Retirement Age.
OPM is here to help you transition from serving the American people to enjoying your retirement. These links are useful to new and existing retirees throughout their retirement journey.
If you are a former Federal employee who was covered by the Federal Employees Retirement System (FERS), you may be eligible for a deferred annuity at age 62 or at your Minimum Retirement Age (MRA).
To qualify for payments from the Civil Service Retirement System (CSRS) or the Federal Employees Retirement System (FERS), you must submit a retirement application, Standard Form 2801 Application for Immediate Retirement (CSRS) or Standard Form 3107 Application for Immediate Retirement (FERS).
You can make a deposit for creditable Federal Employees Retirement System (FERS) service you performed before 1989 during which retirement deductions were not withheld from your pay. The deposit amount is, generally, 1.3% of salary plus interest.
For service under the Federal Employees Retirement System (FERS), you will get interest on the refund of those contributions if you worked more than one year. Interest is paid at the same rate that is paid for government securities.
Services Online lets annuitants (federal retirees or their spouses, ex-spouses, and children) manage their account online. Your account is securely protected by the U.S. Office of Personnel Management (OPM).
The U.S. Office of Personnel Management (OPM) has Governmentwide responsibility and oversight for the Civil Service Retirement System (CSRS) and Federal Employees Retirement System (FERS) and related Federal benefits administration functions. These pages contain the CSRS and FERS Handbook for Personnel and Payroll Offices used to advise Federal ...