Common Terms Used in Annuitant Processing
These terms are commonly used in annuitant processing:
| Term | Description |
|---|---|
|
Annuitant |
Federal retirees re-employed by the U.S. Federal Government, without the loss of their retirement benefits. |
|
Annuity Offset |
The difference between the employee’s position compensation and actual regular earnings. |
|
CSRS |
Civil Service Retirement System (U.S. Government, Office of Personnel Management) |
|
FEGLI |
Federal Employees Group Life Insurance (U.S. Government) |
|
Offset Rate |
The employee’s position compensation less the employee’s annuity. |
|
FERS |
Federal Employees Retirement System (U.S. Government, Office of Personnel Management) |
|
OPM |
Office of Personnel Management (U.S. Government) |
|
Pre-offset Rate |
The annuitant employee position compensation. |
|
RITS |
Retirement and Insurance Transfer System (U.S. Government Office of Personnel Management) |
|
SF-52 |
U.S. Standard Form- 52, Request for Personnel Action (U.S. Government Office of Personnel Management), which reports the Annuitant Indicator code and description in Box 28 . |
|
TSP |
Thrift Savings Plan (U.S. Government) |