This tool assists United States Postal Service employees in estimating potential retirement income under the disability retirement provisions of the Federal Employees Retirement System (FERS) or Civil Service Retirement System (CSRS). It takes into account factors such as creditable service, high-3 average salary, and potential annuity reductions to provide an approximation of benefits. For instance, an employee with 20 years of service and a high-3 average salary of $60,000 could use this resource to project their potential monthly disability retirement payments.
Accurate benefit projections are critical for informed financial planning when considering disability retirement. Understanding estimated benefit amounts allows individuals to evaluate their financial security and make informed decisions regarding their future. Historically, access to such estimation tools has been pivotal in promoting transparency and empowering employees to navigate the complexities of the federal retirement system.