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Application to Participate in the Phased Retirement Program 101311 V2 Form
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People also ask
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What is a survivor annuity benefit for spouse?
The Survivor Benefit Plan (SBP) allows a retiree to ensure, after death, a continuous lifetime annuity for their dependents. The annuity which is based on a percentage of retired pay is called SBP and is paid to an eligible beneficiary. It pays your eligible survivors an inflation-adjusted monthly income. -
What is SF 3107 2 spousal consent for survivor election?
If you elect an insurable interest survivor annuity for your current spouse, your current spouse must sign form SF 3107-2, Spouse's Consent to Survivor Election, which is part of SF 3107, FERS Application for Immediate Retirement, consenting to receive the insurable interest annuity instead of a regular survivor ... -
Can an ex spouse collect federal survivor benefits?
The survivor benefit you elected at retirement is no longer payable. A monthly survivor benefit would be payable to your former spouse after death if one is provided by court order or your new election. -
What is an SF 3107?
(SF-3107), Application for Immediate Retirement (FERS) SF-3107-2, Spouse's Consent to Survivor Election This form is only required if you do not elect the full survivor benefit for your current spouse. It should be included with the (SF-3107) (SF-2818), Continuation of Life Insurance Coverage. -
Who is eligible for phased retirement?
Phased retirement is available only to those who have met certain age and years of service combinations for retirement. Further, they must have worked full time for the preceding three years, a requirement that does not apply in other types of retirement. -
How do you phase into retirement?
The format of a phased schedule varies in practice, ing to the needs of the company and the desires of the phased retiree. From an employee perspective, working reduced-hours, alternating full-time, project or seasonal schedules may be more or less appealing depending on the employee's lifestyle. -
How do I apply for USPS retirement?
While the Office of Personnel Management (OPM) makes all decisions regarding retirement entitlement, current employees are required to apply for retirement through the USPS Human Resources Shared Services (HRSSC). HRSSC can be signNowed by calling 877-477-3273, option 5. -
What are the survivorship rules for federal retirees?
To qualify for the monthly benefit, you must have been married to the retiree for at least 9 months. A survivor annuity may still be payable if the retiree's death occurred before 9 months if the death was accidental or there was a child born of your marriage to the retiree.
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