Part-time federal employees with full-time service prior to April, 1986, do not receive proper credit for their earlier full-time service in their retirement calculations unless they return to work full-time at the end of their career. These employees stand to lose up to 30% of the retirement benefits they have earned.
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In 1986, Congress passed legislation applying a new methodology to the calculation of part-time annuities "effective with respect to service performed on or after the date of the enactment of this Act." The new methodology always calculates annuities fairly. Why is it that federal employees with no part-time service prior to the date of enactment are subject to a combination of old and new procedures? Since all of their part-time service is after the date of enactment, there is clearly no legal basis for the way OPM chose to implement the legislation.
The file on the left imports a MS Excel spreadsheet that will help calculate the effects in your individual case.
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