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Frequently Asked Questions Retirement

How is OPM going to implement FERCCA?

We at OPM have set up a plan to help everyone who is entitled to relief by FERCCA. The plan includes:

  • Identifying individuals and adding their names to the FERCCA File Database (See the question What is the FERCCA File Database?);
  • Gathering information on those individuals from personnel and payroll records and other sources;
  • Verifying options under FERCCA; and
  • Helping individuals who have a choice of retirement plans make informed decisions

Our goal is to ensure that everyone receives the same high level of customer service. If you have a choice of retirement plans under FERCCA, you'll receive an in-depth comparison of your benefits under each option. The comparison will include how much you can expect to receive under each retirement plan, including Social Security and Thrift Savings Plan benefits. We will provide you with an opportunity for one-on-one personal assistance to help you weigh your options. This individual assistance will be available to anyone who has a choice of retirement plans under FERCCA.

We are working with agencies to implement this high level of service as quickly as possible. Agencies are busy identifying eligible individuals. We have also started the second step, collecting personnel and payroll records.

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