July 12, 2010 — Join host Bob Leins in welcoming Bob Braunstein, federal benefits specialist, for a detailed discussion of retirement and other benefits for the special occupational categories of law enforcement officer, air traffic controller, and firefighter.
The two Bob’s will cover:
mandatory retirement ages for each occupation
enriched retirement annuity formulas allowing immediate, unreduced retirement at earlier ages with less service than other occupations
FERS supplement portion of retirement annuity is not reduced by returning to work after retirement until MRA (for other occupations) is reached (typically between 56 and 57)
immediate retirement annuity COLA’s, regardless of retirement plan
inclusion of premium pay (law enforcement availability pay and AUO) in the high-3 for calculation of retirement annuity
how to withdraw TSP prior to 59 1/2 without penalties
continuation of tax free FEHB premiums for LEO’s and firefighters in retirement
Note: At the 6.44 minute make please note that the age mentioned should be 57 and not 55. Thank you.
And so much more! This is your opportunity to email ForYourBenefit@nitpinc.com or call (202-465-3080) with your questions on any federal benefit concern.