Letter to the Editor

This is in response to a recent letter from Mr. Robert Benson critical of the results of the employee calculator at FirstGov for Seniors (www.seniors.gov).

Mr. Benson claimed that he ran a "test" case that produced a Federal Employees Retirement System supplement of $10,000, which he said could not possibly be correct. Either he is unfamiliar with the model, or he does not know how a supplement is calculated.

In the future, when there are highly compensated federal employees who have at least 30 years of service under FERS, the supplement can actually be higher than $10,000. Example: The annual supplement would be more than $12,000 for an employee with 34 years of service who will receive Social Security of $14,531 at age 62 (85 percent of $14,531 is $12,540).

Bottom line: If a user enters realistic data, the model produces realistic answers.

Claudia Tewell
Marketing associate
Economic Systems Inc.

WRITE US

We welcome your comments. To send a letter to the editor, use this form. Civic.com readers, use this form.

Please check out the archive of Letters to the Editor for fellow readers' comments.


Featured

  • Budget
    cybersecurity (vs148/Shutterstock.com)

    House's DHS funding bill would create public-private cyber center

    The legislation would give $2.25 billion to DHS' cyber wing and set up an integrated cybersecurity center with other agencies, state and local governments and private industry.

  • Workforce
    Former vice-president Joe Biden formally launches his 2020 presidential campaign during a rally May 18, 2019, at Eakins Oval in Philadelphia. (Matt Smith Photographer/Shutterstock.com)

    Biden promises to undo Trump’s workforce policies

    Democratic candidate pledges to appropriate permanent funding to feds in case of another shutdown.

Stay Connected

FCW INSIDER

Sign up for our newsletter.

I agree to this site's Privacy Policy.