FERS Retirement and “On The Rolls”

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If FERS employee waits until end of last PP of the year, i.e., into January, to retire, do they ultimately receive retired pay for the remaining days of January in their first retired pay, or only retired pay for the full month of February since they were not “on the rolls” during January?

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Posted by (Questions: 1, Answers: 0)
Asked on August 10, 2017 7:21 pm
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FERS retirements commence on the first day of the month has following separation of service with the exception of Discontinued Service and Disability retirement, which commence the day following separation of service. For FERS, usually, the end of December is the best day to retire instead as your annuity will commence January 1…as always, there are exceptions depending on your individual situation.

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Posted by (Questions: 0, Answers: 541)
Answered on August 10, 2017 8:55 pm