My divorce QUADRO states “former spouse entitled to 50% of employee’s self only, unreduced monthly FERS annuity.” It describes the same formula you did on your 3-2 and 4-24-17 posts. My FERS annuity estimate includes a 76% part-time proration factor; how does proration factor affect LEWC annuity?
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I know upon retirement that I must choose either FERS annuity or my workers comp benefits which I assume is the LWEC? If it is, then my question was if I choose workers comp benefit upon retirement, will it be the dollar amount of my LWEC (which is $442 more than my FERS annuity amount)? Then, I assume the formula defined in my QUADRO would be applied to my LWEC amount???
You are correct, upon retirement, you must elect between OWCP and retirement as you cannot collect both unless your OWCP is for a scheduled award. No LWEC, or loss of wage earning capacity, is monies you collect from OWCP because the position you have pays less than the pay you held when injured. These monies are not included when calculating your high-3 average salary. If you elect OWCP, OWCP will determine the basis for your compensation whereas your FERS retirement will be based on your length of federal service x high-3 average x formula appropriate to the retirement option you are retiring under. Again, the LWEC amount is the difference between pay you received before and after your injury. An apportionment to a former spouse will be deducted from your FERS retirement, not your OWCP.