Annuity offset

2

Q: I am a federal government employee under FERS who has worked for 26 years and may consider a buyout, if offered. If I become a FEMA Disaster Assistance Employee (DAE), will I be subject to an annuity offset?

A: According to FEMA, “If you are a retired federal civil servant, your pay from FEMA may be subject to an offset. A copy of your annuity statement must be submitted to personnel yearly to be eligible for an annuity waiver during the first 120 days from the date of a presidential disaster declaration. The annuity waiver does not apply when deployed to conduct preliminary damage assessments or for an emergency presidential declaration.”

Share.

About Author

Reg Jones was head of retirement and insurance policy at the Office of Personnel Management. Email your retirement-related questions to fedexperts@federaltimes.com.

2 Comments

  1. I am a FERS Law Enforcement retiree.
    I did not retire under a disability or buyout.
    I have been offered a 2 year contract to work with FEMA as a reservist, not a full-time position. Will there be an off-set to my annuity?
    What are my options, if any to eliminate any type of offset?
    thank you for your time

    • It depends on your appointment. If you are viewed as a federal employee, your annuity will be offset. if you are viewed as a private contractor or subcontractor, your annuity won’t be affected.

Reply To CHARLENE SEDAR Cancel Reply