Retirement Planning

Tammy Flanagan | National Institute of Transition Planning | November 22, 2017 | 0 Comments

Keep These Documents Handy

Flickr user hobvias sudoneighm

In last week’s column, we looked at the basic steps to take in filing your retirement application. But in addition to the standard forms, you may need to include additional documents with your retirement application and insurance forms, depending on your individual circumstances.

Let’s look at some of them.

For married employees:

For divorced employees:

For those continuing health benefits:

For those filing for Social Security benefits:

For those making Thrift Savings Plan withdrawals:

For those with service credit payments:

For those who have served in the military:

For those injured on the job:

Retirement Processing

Be prepared for your retirement application to take 60 to 90 days for processing (or more, depending on the workload at OPM, the completeness of your case and the timeliness of the submission from your agency). OPM had more than 18,000 claims for processing in its inventory at the end of October. Remember that even if you turn in your application 90 days ahead of your retirement date, it will not be forwarded to OPM until after you have separated from federal service.

It’s a good idea to have contact information for people in your agency’s human resources and payroll offices payroll office in case you have any questions about your retirement processing, continuation of insurance or final salary and lump-sum leave payments. You will not be able to contact OPM about your retirement until you have received your civil service annuitant number.

Once you’ve submitted the required documents, sit back and enjoy your final days as a federal employee. Let me be among the first to congratulate you and thank you for your dedicated service.

Photo: Flickr user hobvias sudoneighm