INQUIRY 18-01, Personal Benefits Statement
Published: March 15, 2018
Effective: Pay Period 06, 2018
Summary
The 2017 Personal Benefits Statement, referred to herein as the Benefits Statement, will be available for employees electronically through the Employee Personal Page (EPP) in April 2018. The Benefits Statement is also available in the Reporting Center (RPCT). Current Reporting Center users will have access to this report (under the Financial Reports menu), and no additional security access request is necessary. The Reporting Center procedure is available in the Reporting (REPT) category. Information on procedure manuals containing Benefits Statement information is available in the Resources section of this bulletin.
The employee's Thrift Savings Plan (TSP) balances based on the TSP Record Layout are provided by the Thrift Savings Plan System (TSPS) contractor.
About the Benefits Statement
The Benefits Statement is the annual notification of employee compensation and fringe benefits. The Benefits Statement provides employees with an estimate of their benefits relating to their current position. For employees who are retirement eligible, we suggest they contact their personnel office for a more comprehensive review of their retirement options.
The Benefits Statement describes the estimated:
- Value of benefits available to an employee or his/her survivors in the event of voluntary retirement, disability, or death in service.
- Annuity benefits and account balances from TSP.
The Benefits Statement also states when an employee will be eligible for Social Security and/or Medicare benefits, and directs the employee to Social Security benefits/Medicare benefits for the explanation.
Who Will Receive the Benefits Statement
The Benefits Statement will be available for each employee who is eligible for retirement benefits and is covered by one of the retirement coverage codes listed below.
Code |
Description |
|
Civil Service Retirement System (CSRS) Offset |
|
CSRS Offset (Congressional) Federal Insurance Contributions Act (FICA) |
|
FICA and CSRS - For law enforcement and firefighter personnel |
|
FICA and Foreign Service Retirement and Disability System (FSRDS) |
|
Federal Employees Retirement System (FERS) (Congressional) FICA |
|
Foreign Service Pension System (FSPS) (Further Revised Annuity Employees (FRAE)) - (Congressional) |
|
FERS-RAE (Revised Annuity Employees) (Congressional) (pending Office of Personnel Management (OPM) approval) |
|
FERS and FICA |
|
FERS (FRAE) |
|
FERS-RAE and FICA |
|
FERS and FICA - Special |
|
FERS (FRAE) - Special |
|
FERS-RAE and FICA - Special |
|
Customs and Border Protection Officers (CBPO) FERS Enhanced |
|
FERS (FRAE) CBPO |
|
FERS-RAE and FICA - Special (CBPO) |
|
FSPS and FICA |
|
FSPS (FRAE) |
|
FSPS-RAE and FICA |
|
CBPO CSRS Offset |
|
FICA and CSRS (Full) |
|
FICA and CSRS - Special (Full) - For law enforcement and firefighter personnel |
|
CBPO Enhanced CSRS |
|
CSRS |
|
FSRDS |
|
CSRS - Special - For law enforcement and firefighter personnel |
|
CSRS (Congressional) |
Each part-time employee, with one of the retirement plans listed above and one of the following work schedules, will receive a Benefits Statement for his/her applicable retirement plan:
Code |
Description |
|
Part-time |
|
Part-time seasonal |
|
Part-time job sharer |
|
Part-time seasonal job sharer |
Who Will Not Receive the Benefits Statement
Some employees may not receive the Benefits Statement for the following reasons:
- The employee's retirement coverage code is not displayed on the above list.
- The employee is intermittent seasonal (e.g., other than work schedule , , , or ).
- The employee's 6C Retirement Date identifies the service computation date for employees appointed to law enforcement and firefighter positions or Customs and Border Protection offices. This entails that a special retirement deduction rate (Retirement Coverage Code , , , , , , or ) in the Information/Research Inquiry System (IRIS) Program IR102, Dates & Misc Sal/Pers Data, is invalid. Invalid means that the 6C Retirement Date is earlier than the retirement service computation date or is later than the Benefits Statement date.
- The employee is not eligible for retirement benefits.
- The employee was separated in Pay Period 26 of the prior year or Pay Period 01 of the current year.
- The employee is a Federal Deposit Insurance Corporation annuitant with FERS annuitant indicator or or CSRS annuitant indicator or .
- The employee's Agency has elected not to issue the Benefits Statement. (See those Agencies below.)
At the Agency's request, the 2017 Benefits Statement will not be created for employees of the following Agencies:
- Architect of the Capitol
- Commission on Security and Cooperation in Europe
- Congressional Budget Office
- Consumer Financial Protection Bureau
- Office of the Comptroller of the Currency
- Smithsonian Institution (Trust)
- Treasury Technical Assistance
- U.S. Botanic Garden
- U.S. Capitol Police
- U.S. Senate Restaurants
Also, the 2017 Benefits Statement will not be created for employees with the following work schedule codes:
Code |
Description |
|
Intermittent |
|
Intermittent seasonal |
FERS Death Benefits
The FERS death benefits additional amount payable remains $32,423.56 in 2017. The Payroll/Personnel Output (PPO) procedure, which is available online at the NFC Home Page, will be updated to include this information.
Resources
View Bulletin REPT 18-01, Personal Benefits Statement, for impact to the Reporting Center.
For more information, see the EPP procedure manual located under the Research and Inquiry publication category on the Publications page of the NFC Web site. The Benefits Statement is also available in the PPO and Reporting Center procedure manuals located under the Reporting publication category on the Publications page of NFC's Web site.
Inquiries
Employee inquiries about the Benefits Statement should be handled by the employee's HR office. For questions about NFC processing, authorized Servicing Personnel Office representatives should contact the NFC Contact Center at
or via the customer service portal.