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CSRS Offeset Retirees - How close was you manual calculation.
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Retirement Planning
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Rank: Groupie
Groups: Registered
Joined: 3/25/2008(UTC) Posts: 74
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We've all seen the written examples of CSRS offset and Social Security, are they accurate? Did you numbers work out differently? How so?
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Rank: Newbie
Groups: Registered
Joined: 4/25/2016(UTC) Posts: 2 Location: ohio
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Did you ever receive any feedback on this? I am also a CSRS Offset employee, planning to retire 3/31/2020. There are two ways to calculate the offset. The "easy" method would give me an offset of almost $250 per month. The more complex calculation gives me an offset of less than $10/month. Shared Services told me they cannot estimate this for me, Social Security told me they will calculate it when the Agency requests it when I retire. I am afraid the PO, or OPM, will take the easy calculation and I will be stuck
What was your experience?
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Rank: Newbie
Groups: Registered
Joined: 9/17/2019(UTC) Posts: 2  Location: ky
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Retired in Jan 2019. My offset was based on the more complicated calculation with numbers provided by social security and not the formula using (offset years/40). I had many years where I paid in social security outside of CSRS offset service. This worked out much better for me.
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CSRS Offeset Retirees - How close was you manual calculation.
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