OPM has a new video to help you educate your employees about their annuity benefits under the two most common Federal retirement systems: the Civil Service Retirement System (CSRS) and the Federal Employees Retirement System (FERS).
Your Federal Retirement Annuity – CSRS and FERS can help your employees understand:
· Which is my retirement system?
· How much of my salary is contributed to my retirement system?
· When can I retire?
· What service is creditable toward my retirement eligibility and annuity benefit?
· How can I estimate my monthly annuity benefit?
· What reductions could apply to my annuity benefit?
· How can I prepare for retirement?
The 51-minute video is available at www.opm.gov/RetirementOverview
Posted by: "holzworth.bill" <holzworth.bill@gmail.com>
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