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Federal Employees Benefits Q &A

Do you have questions about your federal employee CSRS or FERS pension/annuity or federal employee retirement planning? Concerns about your Thrift Savings Plan (TSP) account or what about federal employee pay and leave issues?

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The Q&A forum is moderated by Ed Zurndorfer -- an expert on federal employee benefits -- and a Certified Financial Planner, chartered life underwriter and chartered financial consultant in Maryland.

Zurndorfer is also the author of several federal employee benefits guides published by Federal Employees News Digest.

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Please do not submit employee benefits questions to the webmaster or the forum moderator.

Note: FederalSoup.com has attempted to compile information that is as accurate and current as possible for federal employees. Federal policies, laws, regulations, statistics and addresses continually change. Therefore, no warranties are made as to the accuracy or completeness of the information presented in this column. If additional clarification or information is needed, it is suggested that competent and professional assistance be sought. Mr. Zurndorfer does not moderate other forums on FederalSoup and will not reply to general FederalSoup inquiries submitted in this Q&A forum.

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Ted23  
#1 Posted : Tuesday, November 26, 2019 7:57:28 AM(UTC)
Ted23

Rank: Newbie

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Joined: 7/17/2019(UTC)
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United States
Location: Pennsylvania

I was told the best time to reitire under FERS is when the end of a month and the end of a pay period coincide. What are the pitfalls of retiring at the end of a month and the middle of a pay period? June 27, 2020 is the end of week one of my pay period and the date I'm considering.
Ed Zurndorfer  
#2 Posted : Friday, November 29, 2019 12:08:17 PM(UTC)
Ed Zurndorfer

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The only downside (not pitfall) for retiring towards the end of the month but in the middle of a pay period is the employee will not accrue any annual leave or sick leave hours for the last pay period.
Ted23  
#3 Posted : Friday, November 29, 2019 6:08:05 PM(UTC)
Ted23

Rank: Newbie

Groups: Registered
Joined: 7/17/2019(UTC)
Posts: 5
United States
Location: Pennsylvania

Thanks for the quick reply. You seem to be the only person out there that has a complete understanding of federal retirement. Since HR is online there aren't any local people to ask questions.
Ed Zurndorfer  
#4 Posted : Saturday, November 30, 2019 5:26:20 PM(UTC)
Ed Zurndorfer

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You are most welcome.
Ted23  
#5 Posted : Wednesday, January 1, 2020 7:30:11 PM(UTC)
Ted23

Rank: Newbie

Groups: Registered
Joined: 7/17/2019(UTC)
Posts: 5
United States
Location: Pennsylvania

I am confused about what date to put on the Sf 3107 as my last day. I punch a clock so I'm assuming I put the date that I punch out for the last time.
Ed Zurndorfer  
#6 Posted : Thursday, January 2, 2020 3:18:40 AM(UTC)
Ed Zurndorfer

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Was thanked: 153 time(s) in 142 post(s)
You need to talk to someone in your Personnel Office or Human Resources Office who can assist you in filling out your application form for retirement (SF 3107) and in particular selecting the day you want to officially retire on.
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