(517) 381-3440
4121 Okemos Rd # 12
Okemos, MI 48864-3220
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Government Services
Federal Employee Retirement
Civil Service Retirement - CSRS
TSP Investment Services
FEGLI
Military Payback Program
Social Security Offset Penalty
Supplemental Annuity
Sub-time Payback
Long Term Care
Insurance
Roth IRA's
Federal Employee Retirement - FERS
Cost of Retirement
FERS
Contributions
Employee
Employer
Retirement
.80%
12.90%
Social Security
6.20%
6.20%
Medicare
1.45%
1.45%
TSP
1.00%
Total
8.45%
21.55%
Eligibility Requirements For FERS
Type of Retirement
Year of Birth
Minimum Age
Minimum Service For Un-reduced Benefits (Years)
Minimum Service For Reduced Benefits**
Special Requirements
Optional
and
Deferred
N/A
N/A
Before 1948
1948
1949
1950
1951
1952
1953-1964
1965
1966
1967
1968
1969
1970 & After
62
60
55
55 & 2 mos
55 & 4 mos
55 & 6 mos
55 & 8 mos
55 & 10 mos
56
56 & 2 mos
56 & 4 mos
56 & 6 mos
56 & 8 mos
56 & 10 mos
57
5
20
30
30
30
30
30
30
30
30
30
30
30
30
30
N/A
N/A
10
10
10
10
10
10
10
10
10
10
10
10
10
None
None
**Reduction is 5 percent for each year the employee is under age 62.
Optional
N/A
N/A
50
Any
20
25
N/A
N/A
LE/FF
MAJOR RIF
ATC
Discontinued
Service
N/A
N/A
50
Any
20
25
N/A
N/A