Retirement Planning Tips:
1. Confirm your retirement eligibility date.
You can do this by reviewing your Personal Statement of Benefits. Your Personal Statement of Benefits can be located by accessing the Employee Benefits Information System, via the Army Benefits Center -- Civilian website.
The direct website address for EBIS is: https://www.ebis.army.mil/.
If you believe the reflected retirement eligibility date is not correct, please contact an ABC-C Benefits Specialist at 877-276-9287.
2. Obtain a retirement estimate.
It's recommended that you obtain a retirement estimate when you are 1-5 years from your planned retirement date.
Instructions for obtaining a retirement estimate can be found at: https://www.abc.army.mil/HowDoI/RequestaRetirementEstimate.htm.
3. Review your electronic Official Personnel Folder.
This review will ensure your entire civilian federal work history is reflected accurately. Notify your servicing Civilian Personnel Advisory Center human resources specialist if you find any discrepancies within your eOPF.
4. Confirm which periods of your federal service, if any, can be bought back.
Employees who served on temporary appointments in the federal government, had a break in federal service during their civilian careers or who have served in the military should contact ABC-C for assistance to determine whether it would be advantageous to buy the time back. This may impact your retirement eligibility date and/or the amount of your annuity.
5. Watch an on-line ABC-C retirement briefing.
Check the ABC-C website at, https://www.abc.army.mil/retirements/RetDCS.html , for updates on the fiscal year 2017 Retirement Briefing Schedule.
Participants will become familiar with the requirements for retirement eligibility, consequences of not making a deposit/redeposit, survivor annuity elections, eligibility for continuing federal health and life insurance coverage and the process for submitting a retirement application.
The briefing lasts approximately four hours.
Be sure to get your supervisor's approval to watch.
6. The Thrift Savings Plan website offers great resources and tools.
The Retirement Income Calculator, which can assist you with achieving your retirement financial goals, and other tools and resources are located at: https://www.tsp.gov/PlanningTools/index.html.
More information on retirement planning can be found on the ABC-C website at https://www.abc.army.mil/retirements/PlanningForRetirement.htm.
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