How do I find my service computation date for retirement?

You can locate your leave service computation date on Block 31 of every standard form 50 (also called “SF-50”) in your personnel file.

Which SCD is used for retirement?

Thrift Savings Plan (TSP) SCD The TSP SCD is used to determine when an federal employee became vested in Thrift Savings Plan and is required only for an employee covered by the Federal Employees Retirement System (FERS).

What is active duty service computation date?

The service computation date is the date on which you start counting the years of service you need to retire. The date for most employees is the date on which they first enter the service. However, some have been on active duty with the armed forces and may be entitled to service credit for that time.

Does military service count towards federal retirement?

As a general rule, military service in the Armed Forces of the United States is creditable for Federal retirement purposes if it was active service terminated under honorable conditions, and performed prior to separation from civilian service for retirement.

How many service computation dates are there?

Service Computation Date (SCD) There are four types of SCDs: Leave, Retirement, Thrift Savings Plan, and Reduction-In-Force (RIF). The Leave SCD determines whether the employee will earn four, six, or eight hours of annual leave each pay period, and is reflected in block #31 of the Standard Form (SF) 50.

How is creditable military service calculated?

The years of creditable service for an active duty retirement calculation is the sum of years of active service (i.e., active duty or full-time National Guard duty) and any additional years computed by adding all reserve points, if any (except those for active service)and dividing by 360.

What is creditable service?

Simply put, the Creditable Service is the amount of time a federal employee has worked for the federal government that counts towards their retirement, or FERS.

What is the difference between SCD and RSCD?

SCD is for leave purposes only. Your creditable service is based on your RSCD (retirement service computation date). Technically, OPM uses your RSCD to determine the beginning of your Years in Service for the pension calculation. You can find your *Estimated* RSCD on your Personal Statement of Benefits.

How is creditable service calculated?

Your creditable service is based on your retirement service computation date (RSCD). OPM uses your RSCD to determine the beginning of your Years in Service for the pension calculation. Your credible years of service are 100% tied to your RSCD. You can find your *Estimated* RSCD on your Personal Statement of Benefits.

How does a break in service affect federal retirement?

If your break in service was more than 3, but less than 365 days, you will have the option to elect FERS coverage upon your return. If you were CSRS Offset when you left and chose to elect FERS upon your return, all of your previous CSRS Offset time will be treated as FERS service for retirement purposes.

What is creditable service for retirement?

What is creditable military service?

As a general rule, military service in the Armed Forces of the United States is creditable for retirement purposes if it was active service terminated under honorable conditions, and performed prior to your separation from civilian service for retirement.

What is a creditable year of service?

Creditable service means any period of time during which an active member is being paid a salary by a participating public employer and for which benefits under this chapter are funded by employer contributions and earnings on the fund.

What is creditable service years?

§8332. Creditable service. (a) The total service of an employee or Member is the full years and twelfth parts thereof, excluding from the aggregate the fractional part of a month, if any.

What is total creditable service?

What constitutes a break in service?

What Is a Break In Service? A break in service is the loss of benefits when an employee returns to a company more than 13 weeks after they left and must wait to become eligible again. It’s not unusual for an employee to either voluntarily or involuntarily leave a job then get rehired in the future by the same company.

Do term appointments count towards retirement?

Term appointments are excluded from CSRS or CSRS Offset retirement coverage. Individuals who receive a term appointment and who are not automatically covered by FERS are covered by FICA (Social Security) with the option to elect FERS coverage.

How are service credits calculated?

Service credit granted for nonteaching periods, which include unpaid sick leave, professional leaves and sabbatical leaves with partial pay, is calculated by dividing the amount the member earned by the amount the member would have earned for full-time employment had she or he remained working.

What is a creditable service?

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What does service computation date leave mean?

A Service Computation Date (SCD) is a date, either actual or constructed, that is used to determine benefits and is generally based on how long the person has been in the Federal Service.