Preparing for your Federal Retirement
Vol.9 Issue 5
What is Your Plan for Retirement?

On July 11-12, 2023, representatives from the Office of Human Resource Management (AHR), the Benefits Operations Center (BOC), the Social Security Administration (SSA), and the Thrift Savings Plan (TSP) all held a Retirement and Benefits Seminar in the newly renovated Mike Monroney Aeronautical Center HQ auditorium.

The representatives presented topics such as the Federal Employees Retirement (FERS) and Civil Service Retirement Systems (CSRS), Social Security Administration (SSA) and Medicare benefits, TSP plans/options, and the Employee Assistance Program (EAP). In addition to the seminar presentations, BOC representatives were available each day for assistance and/or answering questions. During the seminar, personnel were provided multiple links to retirement planning information. Here are some links that can assist any FAA employee as they begin to prepare for retirement:

Benefits Operation Center (BOC):
Phone: 1-855-FAA-BENE (322-2363)
Email: 9-ACE-FAA-BENE@faa.gov
Mailing Address: Benefit Operations Center, 901 Locust St. Room 117, Kansas City, MO 64106
FAA Employees BOC website

Office of Personnel Management (OPM) Retirement Services:
Phone: 1-888-767-6738 (Mon-Fri 7:40 a.m. - 5 p.m. EST)
TTY: 1-855-887-4957
Email: retire@opm.gov
Mailing Address: U.S. Office of Personnel Management Retirement Operations Center, Post Office Box 45, Boyers, PA 16017
OPM Website
Online Services

Federal Employees Group Life Insurance (FEGLI) Calculator

Federal Withholding Calculator

Thrift Savings Plan (TSP)

Withdrawing Your TSP Account for Separated and Beneficiary Participants

Social Security Administration (SSA): Phone: 1-800-772-1213 or visit https://www.ssa.gov/myaccount/

Employee Assistance Program (EAP): Phone 1-800-234-1327

FAA Worklife Program: Phone 1-800-234-1327

Federal Employees Retirement System (FERS) and Civil Service Retirement System (CSRS) Frequently Asked Questions and Retirement Forms

FERS Application for Immediate Retirement Form F 3107

Federal Human Resource (FHR) Navigator

Federal Employees Health Benefits (FEHB) Comparison Tool

Flexible Spending Account (FSA)

Employee Express

Medicare: Phone: 1-800-MEDICARE

Federal Long Term Care Insurance (FLTCIP): Phone 1-800-582-3337

Federal Vision & Dental Plans (FEDVIP): Phone 1-877-888-3337

Attorney’s Handbook

Department of Interior Business Center: Assistance with Payroll and Leave and Earning Statement questions: Phone: 1-800-662-4324 (8 a.m. – 7:30 p.m. EST)

Military Records Request from National Archives

Suggested Reading Materials: Retire Smart, Retire Happy by Nancy K. Schlossberg, The Joy of Not Working by Ernie Zelinkski, How to Retire Happy, Wild, and Free by Ernie Zelinksi, and Transitions by William Bridges.

Links for the Thrift Savings Plan:
Summary of the Thrift Savings Plan
TSP Mutual Fund Window
Tax Rules About TSP Payments
Annuities
Forms and Resources
TSP Webinars

Links for Social Security Retirement Preparation:
SSA: Phone: 1-800-772-1213 or visit https://www.ssa.gov/myaccount/
Social Security Number and Card
My Money Five Principles: 1-800-FED-INFO
How SSA Determines Benefits
SSA Voluntary Suspension
The Red Book-A Guide to Work Incentives

Additional virtual retirement seminars are planned for August 2023; look for a future broadcast message from the Mike Monroney Aeronautical Center (AAC) Regional HR Division. In the meantime, if you need additional information, contact the AAC Regional HR Division at: (405) 954-3501.

Elderly couple reviewing retirement items
 
 
 
 
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