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Reply to "FERS survivor benefit "
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[quote=Anonymous][quote=Anonymous]Your spouse would get both. There is the Basic Death Benefit which is 50% of your salary plus a fixed amount (which I believe is current'y around $40,000). Your spouse would also get a Survivor Annuity, which is 50% of your calculated value (15 years would be 15X.01Xyour high three salary). So if your high three is $100,000, your spouse would get $7,500 per year. [/quote] Meant to also say that the Basic Death Benefit is a one time payment, whereas the Survivor Annuity is given every year until the spouse dies.[/quote]
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