Webinar | Federal Disability Retirement For Law Enforcement

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  • Опубліковано 15 лис 2024

КОМЕНТАРІ • 31

  • @aaronraynor7703
    @aaronraynor7703 Рік тому +2

    This has been very helpful information. I was told about this at defensive tactics the other day by one of the instructors as an option for me. I tore a tendon in my ankle and needed surgery. I had surgery over a year ago but lost permanent mobility in my ankle and I cannot run. I still have pain in my ankle when standing for too long or walking distance. Additionally I have damaged knees from the military and need surgery on both knees. I also suffer from lower back pain due to a stress fracture in my hip while I was in the military. I have been finding it very difficult to perform my job as an LEO without substantial amounts of pain and taking time off to recover when I’m too sore to go to work.

    • @DisabilityRetirement
      @DisabilityRetirement  Рік тому

      It sounds like you may have a great case for Federal Disability Retirement! Give our office a call at 877-226-2723 to see how we can help!

  • @ChadLisonbee
    @ChadLisonbee 7 місяців тому +1

    You said your time and service goes until 62 as if there wasn’t a break in service. Is that calculated at the high three from your time in service? So if 45 years old, 15 years service my high three is $143,000, then I’m medically retired. When I turn 62 my retirement at 62 would be 34% for the 20 year at 1.7, plus the 1% for the remaining 12 totaling 46% at $143,000? I hope that makes sense. Awesome info. Thank you.
    (Edit) also can you still draw TSP at 50 or do you have to wait? What happens to TSP for special provisions? Is the SSDI supplemental lost or do you still get that?

    • @DisabilityRetirement
      @DisabilityRetirement  7 місяців тому +1

      Yes, your total is correct! If you have 15 years of special provisions service at age 45 when you are approved, you'll gain an additional 17 years of service on the benefit. So when you turn 62, you will have 32 total years of service in the eyes of the federal government (because you continue to earn years of service while on FDR). At that point, your annuity calculation would look like: (1.7% x 20 x 143,000) + (1% x 12 x 143,000) = $65,780. That means your monthly take home would be about $5,482.
      You will not, however, be able to access your TSP while on Federal Disability Retirement. You can leave it alone, cash it out, or roll it over into a private sector account. If you have been approved for SSDI benefits, they will offset with the amount you are receiving from the OPM.

    • @ChadLisonbee
      @ChadLisonbee 7 місяців тому

      @@DisabilityRetirement thank you sooo muchmuch!

  • @tc3690
    @tc3690 2 роки тому +3

    Can you do one for Air Traffic Controller & Firefighters ?

    • @DisabilityRetirement
      @DisabilityRetirement  2 роки тому +1

      Great suggestion! We will add that to our list of topics to cover so be sure to look out for our upcoming videos!

  • @adrianperez4300
    @adrianperez4300 Рік тому +1

    Says 62 but as a peace officer, my contract is 3.0 at 50...so is the 3rd adjustment at 50 or still 62?

    • @DisabilityRetirement
      @DisabilityRetirement  Рік тому

      You will only be eligible for this benefit if you are a FERS career employee. Retirement under FERS special provisions in typically mandatory at age 56 or 57, but you would continue to receive Federal Disability Retirement benefits until age 62, if approved.

  • @ironluxxtrader9075
    @ironluxxtrader9075 2 роки тому +3

    GREAT VIDEO AND CONTENT 😎

    • @DisabilityRetirement
      @DisabilityRetirement  2 роки тому

      Thank you for your feedback! 😃 We strive to create a variety of content that everyone will love!

  • @ruthless6834
    @ruthless6834 Рік тому +2

    I worked as a LEO for 13 years. Due to medical conditions I decided to change career fields to a different agency to a non LEO position. After 2 years working for this agency my medical condition got worse and I’m seriously considering federal medical disability. In case my federal disability retirement gets approved, how it gets calculated. Does OPM take in consideration the 1.7% a year that I served as a LEO and combine it with the years that I served as a Non-LEO federal employee for total time in service when I reached 62? Thanks

    • @DisabilityRetirement
      @DisabilityRetirement  Рік тому

      Historically, you would receive a regular retirement calculation at 1% as you would not be retiring from your LEO position. However, the FAIR retire act may have changed this IF you do anything retroactively. Regardless, all of your years of federal service would count as creditable years of service towards your retirement. Give our office a call at 877-226-2723 to see how we can help through this process!

  • @royturnwall6467
    @royturnwall6467 2 місяці тому

    If you only have 5 years service would you then get 1.7% per year of your highest 3 after age 62? (5X1.7% = 8.5%) Or do you get credit from your date of hire to age 62? Does the Government also pay out on injuries acquired on the job which led to your disability? Do you guys handle that too?

    • @DisabilityRetirement
      @DisabilityRetirement  2 місяці тому

      You would only get credit until age 62 if you are approved for Federal Disability Retirement. If you were injured on the job, you may be eligible for OWCP workers' compensation benefits- give our office a call at 877-226-2723 so we can learn more about your case!

  • @debmor678
    @debmor678 Рік тому +1

    CBP Officers that are grandfathered in LEO from 2008. I'll be 60 this Oct 2023 with combined years special provisions 15 years and regular FERS 14 years. Would I be eligible for Disability Retirement or be subject to Retirement 60 with 20 regardless? I've been on light duty since January 2023. Thank you..

    • @DisabilityRetirement
      @DisabilityRetirement  Рік тому +1

      If you qualify for a regular retirement it may not be beneficial to take a Federal Disability Retirement unless you qualify for backpay. You can give our office a call at 877-226-2723 to determine your eligibility and see if this benefit could help provide financial security.

  • @Spicysouth-n2q
    @Spicysouth-n2q 8 місяців тому +1

    I was disabled in the Line Of Duty resulting in termination from Federal law enforcement agency and workers comp liability insurance for the tribe went under, and I was Collecting long-term disability thru Standard insurance for Less than a year when agency terminated me. As Dated order of January 2020 verifying the above from DOJ Division psob award. . ? How do I get the disability retirement I am owed, under law enforcement provisions??

    • @DisabilityRetirement
      @DisabilityRetirement  8 місяців тому

      You must apply for Federal Disability Retirement within one year of separation from your federal agency, give our office a call at 877-226-2723 so we can learn more about your case and provide the best possible guidance.

  • @demetriusyoung3549
    @demetriusyoung3549 8 місяців тому +1

    I am a Federal Police officer and I was diagnosed with lung disease from the WTC and my salary is $77,000 a year base paid. Medical is $400, Life insurance is $400 too, so 60% of $77,000. How can you survive for 1 year and than 40% of that until you reach 62, then in goes to 30% of your salary.

    • @DisabilityRetirement
      @DisabilityRetirement  8 місяців тому +1

      Federal Disability Retirement allows you to maintain your federal benefits and retirement when you can no longer work in your federal position! It is not necessarily an income replacement, but an income supplement, and combined with the additional benefits (like working in the private sector) you can maintain financial stability.

  • @user-ph6qv4fd5v
    @user-ph6qv4fd5v 2 роки тому +1

    Is the 80 percent gross or net income?

    • @DisabilityRetirement
      @DisabilityRetirement  2 роки тому +1

      Great question! The income cap is set at 80% of gross income for regular wages. But remember, only earned income counts towards this limit!

    • @UnenthusedEnthusiast
      @UnenthusedEnthusiast 10 місяців тому

      If a law enforcement agent (1811) gets a RA reassignment due to a medical disability, will they keep the 6c covered retirement and matched pay with LEAP included?

    • @damonbradshaw5569
      @damonbradshaw5569 9 місяців тому

      80% of what number? The high 3? Does that get adjusted for inflation etc?

  • @demetriusyoung3549
    @demetriusyoung3549 8 місяців тому +1

    Federal disability retirement is the worst of all. If you work for the State, City or County, you receive 75% of your salary for the rest of your life taxes free and your medical and life insurance is free too. As a Federal LEO, how can you survive on $1200 month and than at the age of 62 you get half of that.

    • @DisabilityRetirement
      @DisabilityRetirement  8 місяців тому

      While Federal Disability Retirement provides some financial support to those who can no longer work at all, if you are able to continue working in some capacity, you can make up to 80% of your previous positions current salary in the private sector. It also allows you to maintain your health and life insurance, and your TSP can continue growing interest until you are able to access it.

    • @Hadden733
      @Hadden733 6 місяців тому +1

      Wow you got to get your facts straight yes state and local do get 60 to 75% of their high 3 salary tax free but they are still on the hook for paying for their medical insurance full premium in some cases. It all depends on your state plus you have to understand not all states have the same pension plan. Most I know do provide tax free benefit.

  • @theflyerpr40d
    @theflyerpr40d 2 роки тому +1

    Hi,
    Does the 5 yr waiver also cover Dental insurance or only health insurance?
    Thank you!

    • @DisabilityRetirement
      @DisabilityRetirement  2 роки тому

      Great question! If you are covered under FEDVIP there is no five year requirement, and you will be able to keep dental and vision in retirement!

    • @theflyerpr40d
      @theflyerpr40d 2 роки тому +1

      @@DisabilityRetirement that is great to know,
      Thank you!