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Formatting SF2801a OPM: Difference between revisions
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From page 16 of 33 of SF2801a:</b></br> | From page 16 of 33 of SF2801a:</b></br> | ||
An employee retiring before age 60 because of disability is guaranteed a minimum basic annuity which amounts to the lesser of (a) 40% of the “high-3” average pay, or (b) the sum obtained by using the basic formula, but increasing the length of actual service by the period between the date of the employee’s separation for retirement and the date age 60 is reached.</br> | An employee retiring before age 60 because of disability is guaranteed a minimum basic annuity which amounts to the lesser of (a) 40% of the “high-3” average pay, or (b) the sum obtained by using the basic formula, but increasing the length of actual service by the period between the date of the employee’s separation for retirement and the date age 60 is reached.</br> | ||
If the “earned” annuity computed using the basic formula is greater than the guaranteed minimum, this “earned” annuity is the amount payable. Persons receiving military retired pay or pension or compensation from the Department of Veterans Affairs in lieu of military retired pay are generally not eligible for the guaranteed minimum annuity computation. | If the “earned” annuity computed using the basic formula is greater than the guaranteed minimum, this “earned” annuity is the amount payable. Persons receiving military retired pay or pension or compensation from the Department of Veterans Affairs in lieu of military retired pay are generally not eligible for the guaranteed minimum annuity computation. | ||
=== Beginning Date of Annuity === | === Beginning Date of Annuity === | ||
<b>From page 11 of 33 of SF2801a:</b></br> | <b>From page 11 of 33 of SF2801a:</b></br> | ||