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Money and Finances
Reply to "Please explain the federal annuity"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I'm looking at Employee Express right now -- no "personal benefits statement" as far as I can tell. [/quote] It's called "employee benefits statement" or something like that. It's one of the links in the left side menu. If you find it, it has a ton of really interesting information--including what your severance would be if you got RIFd. [/quote] NP - thanks! Had no idea that link was there. Have always wondered if I leave -- whether after 2 yrs or 10 or whatever but am in my 30-40s, whether I could get my substantial contributions to the FERS annuity out. People always say yes -- but never saw it in writing anywhere. Nice to see it written clearly in there that it's eligible for refund IF you are not eligible for an immediate annuity within 31 days. In just 3 yrs at the gov't at 4%+, that money is adding up and if I left I wouldn't mind rolling it over into an IRA or something.[/quote]
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