hmmmm?

TheMailman

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FERS is a retirement plan that provides benefits from three different sources: a Basic Benefit Plan, Social Security, and the Thrift Savings Plan. Two of the three parts of FERS (Social Security and the Thrift Savings Plan) are portable should you leave the Federal Government before retirement. FERS gives you more control over the retirement benefits you receive.



Does this mean I will receive 3 cheacks?
 
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I don't know about the "Basic Benefit Plan", but you will receive your distributions from your TSP and you will receive either a check or an IOU from Socialism Security.
 
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you will receive a check for your high three(usually your last three years before you retirebecause of contract and inflation unless you go into a lower paying job those last three years). Then you will receive your ss check then you still have your Thrift saving to do what ever you want to do. i work for the post office asa clerk
 
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TheMailman wrote:
Does this mean I will receive 3 cheacks?
Potentially.

You may also be eligible for a social security supplement if you retire before you turn 62. You will get a check once a month that will include both your retirement and your social security supplement. When you turn 62 you will no longer get the SS supplement, but you will probably be eligible to begin collecting social security (depending on what happens to it between now and then). So now you will be getting one check from OPM and one from SSA. You will get a separate check from TSP depending on which withdrawal option you select.

Hope this helps

Dave
 
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