The Federal Employees' Retirement System and the Offset CSRS are both based on Social Security, therefore it has become increasingly important that individuals in the federal personnel field have a basic knowledge of Social Security in order to explain the FERS and Offset CSRS systems as well as the interaction between CSRS and Social Security.

This 3-day training session provides participants with a basic understanding of the Social Security system and the concept and computation of the annuity supplement.

• Social Security
  
  How Benefits are Earned
  Who is Eligible for Each Type of Benefit
  How Benefits are Computed
  Limitation of Earned Income
  How and When Application is Filed
  What Documentation is Needed for Each Type of Benefit
  How a Claimant May Appeal a Decision
  Understanding the Annual Social Security, Personal Earnings and Estimate Benefit Statement

In addition, the provisions which apply specifically to federal employees will be covered in detail:

• Whose Services Are Covered by Social Security?
• What Is a Windfall Benefit and Who Is Affected by the Elimination?
• What Is the Government Pension Offset and Who Is Affected by it?
• What Is Catch 62?
• What Parts of Medicare affect Federal Emploees?

• Annuity Supplement
  
  Why it Exists
  How it is Computed
  Earnings Limitation on the Annuity Supplement
  Taxation of the Annuity Supplement

To reinforce the steps in computing the annuity supplement there is an exercise through which participants complete the calculation.