The Federal Employees' Retirement System is based on Social Security; therefore, it has become increasingly important that individuals in the Human Resources Offices have a basic knowledge of Social Security in order to explain the new system 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. This workshop is designed to equip personnelists and administrative specialist who answer employees'questions with the tools to provide answers knowledgeably. Attendees will learn:
- 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
Medicare's Interaction with FEHBP
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. |