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Benefits for Employees in Career Transition
Source: www.opm.gov
Topic: Careers
Sort Desciption: through a career transition. Even if you do not expect to be directly affected by a. career transition the information may be of interest to you to assess ...
Content Inside: Benefits for Employees in Career Transition United States Retirement and RI 10-96 Office of Insurance Service July 1997 Personnel 1996 edition is not usable Management Blank Page i Introduction This booklet has been prepared by the Retirement and Insurance Service of the U.S. Office of Personnel Management (OPM) especially for employees who are or may be facing a career transition because of an action such as a reduction in force or transfer of function. The booklet pulls together in one document most of the information you may need about the major pieces of the Federal employee benefits package. This booklet answers many of the common questions of employees who go through a career transition. Even if you do not expect to be directly affected by a career transition the information may be of interest to you to assess your benefits and plan for the future. This booklet is organized so that you only need to read the parts that interest you. The parts are arranged by the type of career transition you will make. Part I of this booklet talks about advance planning you can do to make a transition as smooth as possible. Part II covers eligibility for an immediate annuity and related benefits. Part III is for people who are not eligible for an immediate annuity. Part IV of this booklet answers commonly asked questions concerning your Thrift Savings Plan account if you leave the Federal service. Part V discusses two provisions of Social Security law that affect many Federal employees' Social Security benefits -- the Windfall Elimination Provision and the Government Pension Offset. Part VI addresses issues related to changing jobs without a break in service such as the effect of accepting a temporary position in lieu of separation on your benefits. Part VII discusses benefits for people who return to Federal employment after a break in service. Part VIII talks about doing business with OPM's Retirement and Insurance Service (RIS) the administrator of the Civ ...
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