Federal Employee Service Center - Pension Maximization

Home

Fed-Value

FEGLI

TSP

Pension Maximization

Federal Benefits Analysis

Financial Services

Workshops/Counseling

Contact Us

Email this site to a friend

In financial planning, Pension Maximization is a must. In pensions where there is a deduction required to leave your surviving spouse an income, many retirees have opted a reduced pension amount.

Your benefit may be lost unless you write to OPM requesting a change in pension. To learn more, contact us.

Example:	CSRS Benefits under CSRS are payable to workers at age 55 with 30 years of service, or at age 60 with 20 years of service, or at 62 with 5 years of service.

	Surviving Spouse Income Benefit Benefit will pay your spouse approximately 55% of your retirement income upon your death.

Example:	FERS Benefits under FERS are payable to workers at age 60 with 20 years of service, or at age 62 with 5 years of service. Benefits are also available after 30 years of service at the minimum retirement age "(MRA)", which is age 55, until the year 2002, when it begins to climb by 2 months per year in coordination with the gradual rise in the age of unreduced benefits under Social Security. The MRA reaches age 56 in 2009, where it remains until the year 2020. Beginning in 2021, it rises by 2 months per year reaching 57 in the year 2026.

	Surviving Spouse Income Benefit Benefit will pay spouse approximately 50% of your retirement income upon your death. (Other options available)

If your spouse dies first, you lose your benefit. All money allocated to this benefit is lost. Without the surviving spouse benefit option, an early death would cause the entire pension to be wasted.

The difference in payout between the Pension amount and the Surviving Spouse Benefit option, can be invested today to purchase a life insurance policy that can accumulate cash values. If your spouse dies first, the retiree can surrender the policy for cash values or leave the death benefits to the family estate. Life insurance premiums can be payroll deducted today.

To request additional information, or a free quote with no obligation, please CLICK HERE.

(Other options available) To see the cost of Spousal Survivor Benefit…
Request a Benefit Analysis!

Note: If you plan on keeping your FEGLI and Health Insurance for you and your spouse in retirement, you are going to have to choose some type of survivorship.

CCR Accredited
Government Contractor

Working with unions, non-profits and government agencies nationwide. A private enterprise not affiliated with any government agency.

Contact Us Today
to learn more about your government benefits.

Click here for a Federal Benefits Analysis.

Click Here for a Federal Benefit Analysis