Wednesday, August 11, 2010

eRetire

The following is a "Service Talk" provided to Offices in the Lakeland District:

The Lakeland District has been selected by Headquarters to serve as the initial site for a new employee self-service application called eRetire. To use the program employees must be eligible for optional retirement within the next five years.

Optional retirement means you meet the minimum age and service requirement for retirement. Eligible for CSRS employees are those who have attained 55 years of age and 30 years of service. Eligible for FERS employees are those who have attained their minimum retirement age and have at least 10 years of creditable service and are eligible for an immediate, reduced annuity.

With eRetire, eligible employees can start the retirement process on LiteBlue. eRetire also has capabilities for Disability Retirement and Voluntary Early Retirement, but those options are not currently available.

On eRetire, you can immediately:

• View/print annuity estimate of eligibility date;
• View/print annuity estimate of eligibility date plus 6 months; or
• View/print annuity estimate of eligibility date plus 1 year.

Employees within 180 days of retirement can:

• Enter a custom date and receive an annuity estimate within 24 hours of your request; and
• Print or order a retirement application.

Employees ready to begin the retirement application process can schedule a retirement counseling session.

eRetire is available to eligible employees through the Lakeland District LiteBlue Web site. When you finish using the eRetire, you will be asked to complete a survey. You will also be provided a dedicated email address where you can send questions and comments. Your input will be evaluated prior to the national rollout of eRetire.

This program is open to Lakeland District employees who are eligible to retire within the next five years to participate. eRetire will be available beginning August 2 and we ask that you complete the survey by August 31.

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