Retirement Planning

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CSRS Offeset Retirees - How close was you manual calculation. - When you finally got both your CSRS and SS was the offset what you expected?

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chappy		#1 Posted : Friday, December 21, 2018 9:45:59 AM(UTC)
Rank: Groupie Groups: Registered Joined: 3/25/2008(UTC) Posts: 74		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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cle1jhr		#2 Posted : Sunday, October 13, 2019 4:59:47 PM(UTC)
Rank: Newbie Groups: Registered Joined: 4/25/2016(UTC) Posts: 2 Location: ohio		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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scmky		#3 Posted : Monday, October 14, 2019 7:52:22 AM(UTC)
Rank: Newbie Groups: Registered Joined: 9/17/2019(UTC) Posts: 2 Location: ky		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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