Disability Retirement Dissertation Continued from Part 7…
CSRS example 3. This ATF special agent employee has eight years of military service (for which he paid his retainer) and 27 years of service in his current agency. He is 54 years old with a High-3 of $119,000. Because he purchased his military time, it will count towards a civilian retirement giving him a total of 35 years of service. As a “special provisions” employee, he will earn 2.5% per year for the first 20 years and 2% per year for every year after. This employee’s total percentage will be 80% of its High-3, totaling $95,200 per year.
Even though he was under the age of 55, because it is a disability retirement, there would be no reduction in his annuity.
Remember through all these examples you should still consult a federal attorney who has experience dealing with federal disability retirement benefits. None of this is considered legal advice, it is simply information that may help you while making your decisions about what benefits you may be eligible for.
To be continued…
