FERS Disability Retirement can be extremely beneficial to federal employees that are struggling to perform at least one essential duty of their position due to a diagnosed medical condition.
There are four main benefits that it offers which include:
- a monthly annuity
- the ability to continue to earn creditable years of service towards your regular retirement
- the option to maintain your health and life insurance
- the ability to go work in the private sector and earn additional income
While most federal employees never anticipate needing to utilize this benefit, when needed it can provide a significant amount of financial security and help them get to regular retirement at 62.