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The document is an application for immediate retirement under the Federal Employees Retirement System (FERS) for federal employees. It outlines the process for applying for an immediate annuity, which begins within 30 days of separation from federal service. The application includes instructions on completing various sections, providing personal and employment information, and details regarding military service, marital status, and survivor benefits. It emphasizes the importance of submitting the application to the employing agency and provides guidance on additional documentation required for military service and survivor annuities.

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What is the warning about the FERS supplement?

FERS Supplement and the Earnings Test Warning About FERS Supplement! The Special Supplement is subject to the Social Security Earning Test. If you decide to work after retirement, your work income may affect your FERS SRS amount. In 2024, for every $2 earned above $22,320 the FERS supplement will be reduced by $1.

What is form sf 3107?

(SF-3107), Application for Immediate Retirement (FERS) SF-3107-2, Spouses Consent to Survivor Election This form is only required if you do not elect the full survivor benefit for your current spouse. It should be included with the (SF-3107) (SF-2818), Continuation of Life Insurance Coverage.

What is the SF 3107 form?

Use form SF 3107, FERS Application for Immediate Retirement, to apply for immediate retirement. You can obtain the form from your employing agency. Submitting the Application. Submit the completed application to your employing agency. Give your agency at least 60 days notice before the date you intend to retire.

How many years does it take to get a federal pension?

If you leave Federal service before you meet the age and service requirements for an immediate retirement benefit, you may be eligible for deferred retirement benefits. To be eligible, you must have at least 5 years of creditable civilian service and be age 62.

What is a SF 3106 form used for?

Standard Form 3106, Application for Refund of Retirement Deductions under FERS is used by former Federal employees under FERS, to apply for a refund of retirement deductions withheld during Federal employment, plus any interest provided by law.