Q. I am receiving workers’ compensation benefits through the Postal Service. I am considering the switch from OWCP to OPM (FERS). My concern is that I have been on OWCP since 1997 and am worried that all my cost-of-living adjustments would somehow not roll over and be figured into the Office of Personnel Management payments. Is there a way to get an accurate calculation of what my current benefits with OPM would be so that I can make an informed decision rather than trying to guess-timate? I called OPM and they told me they thought that the payments would be based on my high-3 at the time of separation. I am 56 years old.

A. What you heard from OPM was correct but incomplete. Your annuity would be based on your service and high-3 on the day you were separated plus any applicable cost-of-living increases that have been paid to annuitants since you went on workers compensation.


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.

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