CSRS Offset
E942039
CSRS Offset is a variant of the U.S. federal Civil Service Retirement System in which employees are covered by both CSRS and Social Security, with their CSRS pension reduced (offset) by a portion of their Social Security benefit.
Statements (47)
| Predicate | Object |
|---|---|
| instanceOf |
U.S. civil service retirement coverage
ⓘ
federal retirement plan ⓘ hybrid retirement system ⓘ |
| administeredBy | U.S. Office of Personnel Management NERFINISHED ⓘ |
| appliesTo |
employees covered by Social Security
ⓘ
employees with a break in service that triggered Social Security coverage ⓘ federal civilian employees ⓘ |
| basedOn |
Civil Service Retirement System
NERFINISHED
ⓘ
Social Security NERFINISHED ⓘ |
| benefitType |
disability retirement benefits
ⓘ
lifetime annuity ⓘ survivor benefits ⓘ |
| contributionType |
FICA payroll taxes for Social Security
ⓘ
employee contributions to CSRS ⓘ employer contributions to CSRS ⓘ |
| coordinatedWith | Social Security Administration NERFINISHED ⓘ |
| country |
United States of America
ⓘ
surface form:
United States
|
| distinctFrom |
pure CSRS coverage
ⓘ
pure FERS coverage ⓘ |
| eligibilityFactor |
employment subject to Social Security taxes
ⓘ
federal civilian employment after 1983 with prior CSRS coverage ⓘ |
| feature |
CSRS annuity is reduced by a portion of Social Security benefit
ⓘ
covered employees are not under FERS ⓘ employee earns Social Security credits ⓘ employee pays Social Security payroll taxes ⓘ offset applies when employee becomes eligible for Social Security ⓘ offset is calculated using Social Security benefit attributable to federal service ⓘ offset reduces CSRS annuity but not total combined income from CSRS and Social Security in theory ⓘ |
| goal |
avoid full duplication of retirement benefits
ⓘ
coordinate CSRS benefits with Social Security ⓘ |
| governingBody | U.S. federal government NERFINISHED ⓘ |
| hasComponent |
CSRS defined benefit annuity
ⓘ
Social Security old-age, survivors, and disability insurance NERFINISHED ⓘ |
| introducedAs | coverage for employees rehired after 1983 with prior CSRS service ⓘ |
| language | English term ⓘ |
| legalBasis |
Social Security Act
NERFINISHED
ⓘ
federal retirement law ⓘ |
| offsetMethod | reduction of CSRS annuity by a formula tied to Social Security benefit ⓘ |
| offsetTrigger |
eligibility for Social Security disability benefits
ⓘ
eligibility for Social Security retirement benefits ⓘ |
| partOf | Civil Service Retirement System NERFINISHED ⓘ |
| pensionType | defined benefit plan ⓘ |
| relatedTo |
Civil Service Retirement System
NERFINISHED
ⓘ
Federal Employees Retirement System NERFINISHED ⓘ |
| sector | public sector retirement ⓘ |
| startDate | 1984 ⓘ |
| usedIn | U.S. federal personnel and retirement policy ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.