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Frequently Asked Questions Retirement

I was registered in the FERCCA Database when I retired several months ago and began receiving an interim annuity. Is it standard practice to put individuals on an interim annuity when they retire or am I on an interim annuity because I am registered in the Database?

Interim payments provide you with income until OPM processes your retirement application. It is standard practice to do so. These payments are usually made in four days or less, on the first business day of each month and generally average more than 85 percent of your final benefit. Interim payments can only be authorized if your records clearly show that you are eligible to retire.

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