One Day Seminar Agenda

Law Enforcement and Firefighter Retirement Seminar
(One Day: 8:00-4:00 with hourly breaks)
*Times adjustments may change.

The Federal Retirement Systems (CSRS, FERS, CSRS-Offset)

• Understanding defined benefit vs. defined contributions and how they apply to CSRS and FERS
• How are retirement benefits computed, including shortcuts
• Types of retirement eligibility
• When is the appropriate time to retire
• What are the considerations for retirement eligibility
• What about COLA’s
• What about survivor benefits and what are my options
• What about CSRS offset and Transfers from CSRS to FERS
• Deposit/Redeposit Service Including Deposits for Military Service
• Voluntary Contributions
• What about credit for sick leave
• What happens to my annual leave
• When will I start receiving my retirement
• What is the AFA (Alternative Form of Annuity)
• Federal and state tax requirements
  

Social Security and Medicare Benefits

• Social Security eligibility
• How are benefits computed
• What is the Windfall Elimination Provision (WEP)
• What is the Government Pension Offset (GRP)
• What is Dual Entitlement
• What is Medicare Part A and what does it cost/cover
• What is Medicare Part B and what does it cost/cover
  

Health Benefits (FEHB) and Life Insurance (FEGLI)

• FEHB coverage options and costs for annuitants
• Eligibility requirements to continue FEHB coverage into retirement
• Important features of FEGLI
• FEHB Open Season permissible changes after I retire
• Eligibility requirements to continue FEGLI coverage into retirement
• What are Living Benefits
• Explain FEGLI post-retirement coverage options and costs of premiums
  

Designation of Beneficiary Forms

• Why is this important
• Types of designations