Living In The Philippines Forum

Itís Your Money => Securing Your Family's Financial Future => Topic started by: clarkee on August 03, 2019, 08:13:44 AM

Title: FERS retirement and military retirement.
Post by: clarkee on August 03, 2019, 08:13:44 AM
I've got a question about survivors benefits from my military and civil service pension.  If I was to remarry while I'm in the Philippines can my future spouse receive a portion of my military and civil service pension?  If so how would you go about making her a beneficiary?  Not too familiar with this since I've been divorced for 20 years and I never enrolled my previous wife in any survivor benefits that I was aware of.  I'm green on this topic!
Title: Re: FERS retirement and military retirement.
Post by: medic3500 on August 03, 2019, 05:34:56 PM
Yes she can. How ever you must submit a request in writing along with a copy of the marriage certificate to the Boyer, PA address. You only have 24 months to do this after you get married. I think I have the information bookmarked I will try to locate it and get it to you.
Title: Re: FERS retirement and military retirement.
Post by: M.C.A. on August 03, 2019, 05:38:06 PM
Clarkee if you still in the US or near a Veterans help center I'd talk with them because when I retired we had a week long seminar and the VA came in and gave their lectures on all topics including this topic.  So every city would have a VA office.

Here's another link to Military SBP  https://militarypay.defense.gov/Benefits/Survivor-Benefit-Program/

I'm not familar with FERS
Title: Re: FERS retirement and military retirement.
Post by: medic3500 on August 03, 2019, 05:50:21 PM
https://www.opm.gov/retirement-services/my-annuity-and-benefits/life-events/#url=MarriageDivorce (https://www.opm.gov/retirement-services/my-annuity-and-benefits/life-events/#url=MarriageDivorce)

This is the actual page with the information you're looking for. I had to sign in into OPM using my CSA # and then go Retirement section then to Life Events. I am in the process of doing this myself and am up to date with the current info.
Title: Re: FERS retirement and military retirement.
Post by: clarkee on August 03, 2019, 10:16:24 PM
Thanks medic3500!  I have a CSA # and an account also. I'm still in the US but planning on retiring in the PI in about 2 to 3 years from now.  Been to the PI numerous times back in the late 90's and lived for a year in Angeles back in 2002 on my FERS disability.  Will be collecting full retirement next year when I turn 62 thank God.   I'll have 40 years of total service.
Title: Re: FERS retirement and military retirement.
Post by: bigrod on August 05, 2019, 05:23:04 PM
If you were married to your former spouse at retirement from the military and did not elect SBP at that time you are ineligible to get it at a later date for a future spouse.  FERS may be different.

https://militarypay.defense.gov/Benefits/Survivor-Benefit-Program/Overview/

Chuck
Title: Re: FERS retirement and military retirement.
Post by: clarkee on August 13, 2019, 05:44:37 AM
I wasn't married to my former wife at retirement from the Air Force Reserves.
Title: Re: FERS retirement and military retirement.
Post by: clarkee on April 03, 2020, 06:31:10 AM
Hello medic 3500!  Another question about FERS survivor benefits.  I know I can find this information by calling OPM but I thought you might could answer this question.  If I elect to provide my future spouse a 50% benefit does this mean that my FERS pension will be reduced 50% when I elect this?  Thanks!