Disability retirement and annuity recalculation

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Q. I am on disability retirement from the Federal Bureau of Prisons. I have 13 years of service and fall in the MRA bracket born in 1953-1964. When will my annuity be recalculated? Will my annuity be more than what I am receiving on disability?

A. Your FERS disability retirement will be converted to a regular annuity when you turn 62. At that time, an artificial benefit will be calculated as if you had worked to age 62. Your actual service and time spent on disability retirement will be used in the standard FERS formula: .01 x your high-3 on the day you went on disability retirement, increased by all FERS cost-of-living adjustments payable from that time to age 62 x your total service. I have no idea whether your annuity will be the same, higher or lower.

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

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