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Federal Employees' Retirement System (FERS) Revised Annuity Employees (RAE) and FICA. COMBINATIONS OF FICA AND PARTIAL DEDUCTIONS: Full deductions are withheld for FICA, and partial deductions are withheld for another system.
- COMMON RETIREMENT PLANS AND CORRESPONDING CODES
CSRS Offset for law enforcement officers and firefighters....
- United States Office of Personnel Management
We have established new retirement plan codes for FERS-FRAE...
- COMMON RETIREMENT PLANS AND CORRESPONDING CODES
CSRS Offset for law enforcement officers and firefighters. Full deductions are withheld for FICA, and partial deductions are withheld for CSRS—Special. K. Federal Employees’ Retirement System (FERS) and FICA.
We have established new retirement plan codes for FERS-FRAE employees (see chart below). We anticipate that agencies will need time to add these new retirement plan values to their HR and payroll systems and that these new codes will not be immediately available to use for new employees hired beginning January 1, 2014.
The U.S. Office of Personnel Management (OPM) has Governmentwide responsibility and oversight for the Civil Service Retirement System (CSRS) and Federal Employees Retirement System (FERS) and related Federal benefits administration functions. These pages contain the CSRS and FERS Handbook for Personnel and Payroll Offices used to advise Federal ...
25 paź 2019 · As of January 1, 2013, seven alphanumeric plan codes were added to FERS and FSPS. This was to accommodate the legislatively mandated RAE, as detailed in OPM's Benefits Administration Letter (BAL) 12-104.
In Block 30 of the SF-50 the following retirement codes indicate a FERS retirement plan: Potential FERS Retirement Plans • K – FERS and FICA (Federal Insurance Contributions Act (Social Security))
1 sty 2013 · OPM Benefits Administration Letter 14-102. Visit the Social Security Administration website to learn more about social security benefits. Visit OPM FERS website for addition information on retirement benefits. Visit the TSP website for additional information on thrift savings plan benefits.