ABC-C News, Volume 3, Issue 2 March 2005
02028 At Fort Riley, Kansas
Volume 8, Issue 1 February 2010
To reach the ABC-C: https://www.abc.army.mil or 1-877-276-9287 (TDD: 1-877-276-9833)
303 Marshall Avenue, Fort Riley, KS 66442-5004
Gregory Buchanan, Acting Director, Army Benefits Center-Civilian
January 18, 2000 What Do I Do When My Child Turns 22?
The Presidential campaign heats up. The St Louis Rams Once your child turns 22 he or she is no longer eligible to
will face the Tennessee Titans in Super Bowl XXXIV. be covered under y our health insurance, even if a full time
Billboard’s number one song is “What a Girl Wants” by student. However, your child may qualify for Temporary
Christina Aguilera. The Dow Jones Index drops 162.26 Continuation of Coverage (TCC). TCC allows your child
points. The top movie at the box office is “Stuart Little,” to have health insurance coverage for up to three years
AND the A rmy Benefits Center – Civilian ans wers its first and choose any available health plan. The cost for TCC is
call through the automat ed phone system. not the s ame as your premium as a Federal employee.
TCC requires you to pay the full government and
employee shares along with a 2% administrative fee.
Information on the cost of premiums for TCC is located at
HAPPY BIRTHDAY ABC-C!
Additional information on TCC is available on the AB C-C
Your Benefits in Review website at https://www.abc.army.mil/Health/ TCC.htm, or
you may contact a benefits counselor at 1 -877-276-9287
Could you be paying too much for your benefits? It is a for further information.
good idea to verify your benefits coverage and review your
Leave and Earnings Statement (LES) frequently. For
Did You Know?
example, you might discover that you have been paying
for family coverage (Option C) life insurance, or self and
family healt h insurance, but no longer have any eligible Your Leave and Earnings Statement (LES)
family members to cover. An eligible family member includes the benefits paid for you by the
includes: a spouse, an unmarried dependant child under government. Thes e benefits include
22 or a child incapable of self support over 22. If this Federal Employees Group Life Ins urance
occurs, you may request that ABC-C process a ret roactive (FEGLI) premiums, Federal Employees
change to your benefits, which would generate a refund of Healt h Benefit (FEHB ) premiums, Medicare, retirement
the excess premiums. You are encouraged to call ABC-C contributions, TSP matching and Agency automatic
at 1-877-276-9287 to speak wit h a benefits counselor to contributions, and Old Age, Survivors and Disability
review your coverage or report any discrepancies you find. Insuranc e (OASDI). You have the ability to review what
the government has contributed for the current pay period
as well as the year-t o-date amount. So, when you are
The DFAS Corner reviewing y our LES for your net pay amount, take a look
at the benefits of working for the government.
Do you know how t o read your Leave and
Earnings Statement (LES)? DFAS has made A Taxing Question
available on their website an interactive tool that includes
a sample LES with explanations of the information One of the most-asked questions heard by counselors at
contained in each block. Clicking on a block of the sample the Army Benefits Center – Civilian (AB C-C) is “How much
LES will take you to the explanation for that block. This federal tax will be withheld from my retirement check?”
document also cont ains an explanation of t he standard The answer to this question is not easy. Part of your
remarks that might appear at the bottom of your LES, and retirement pay, or annuity, has already been taxed. E very
the situations that generate the remarks. The link to the payday, retirement deductions are withheld from your pay
sample LES is on the DFAS website at if you are a CSRS, CS RS Offset or FE RS employee.
http://www.dfas.mil/civilianpay/payandentitlements/leavea These deductions are taken from your paycheck after the
ndearningstatement/LES071.pdf. taxes have been withheld.
ABC-C News, Volume 8, Issue 1 February 2010
Your annuity check has three components – a refund of provide an additional $7. 00 of retirement annuity each
the deductions taken from your salary over your career, year, plus 20 c ents for each full y ear you are over the age
payment of interest those deductions earned, and of 55 at the time of retirement. For example, if you retire
payment from the General Retirement Fund. Since your at age 60 and have $1,500.00 in your voluntary
deductions have already been taxed, they cannot be taxed contribution account, you will receive an additional
again. However, the other two components have not been $120.00 per year, or $10.00 per month.
taxed, and will be subject to taxes when they are paid to
you as part of your retirement check.
This is why the ABC-C counselors cannot answer your From the Editor
question about the taxation of your annuity check.
There are several tools available for you to calculat e how The first month of 2010 was gone before I realized. Like
much tax may be withheld from your annuity. The first is a many of you, I made the us ual New Year’s resolutions to
calculator on the Office of Personnel Management (OPM) exercise more and eat less. And, like many of you, I have
website, and can be found at already broken thes e resolutions.
The second tool is the Internal Revenue Servic e (IRS ) However, I made one resolution t hat I DID keep, and it
Publication 721, “Tax Guide to U. S. Civil Service only took a couple of hours. It is a good project for a cold,
Retirement Benefits.” This publication is available on the snowy afternoon, especially now that football season is
IRS website at http://www.irs.gov/pub/irs-pdf/p721.pdf. over.
The project begins with a question for you t o answer:
Does my survivor (it may be a spouse, adult child, or close
Time Is Running Out! friend) know who to contact if I die? Of course, this
question will generat e others: What if my spous e & I die
If you are enrolled in the original Federal Long Term Care at the same time? Do my adult children know where to
Insuranc e Program (FLTCIP), you have until Marc h 31, find the information for my bank accounts, life insurance
2010 to decide to keep t he original c overage or change to policies, and the safe deposit box key?
the new plan, FLTCIP 2.0. The FLTCIP Plan Comparison
chart allows you to see what FLTCIP 2.0 offers and how it Because the first step when reporting the death of a
compares to the original plan. The c omparison c hart is civilian employee is to contact the supervisor, I made a list
available on t he FLTCIP website at with the telephone numbers (home and work) for my
http://www.ltcfeds.com/documents/091109_plan_comparison.pdf supervisor and at least two other members of
More information is available in the Frequently Asked management within my office. I placed this list in a folder
Questions section on the Long Term Care website at along with other necessary documents: a copy of my will;
http://www.ltcfeds.com/help/ faq/second -contract.html. insurance policies from private companies with the policy
You may also call Long Term Care Partners, the number AND the contact information for the insurance
administrator of the FLTCIP, at 1-800-582-3337. company; dates and amounts for aut omatic payments
Cons ultants are available Monday through Friday, 8:00 from my bank account; and a copy of all beneficiary forms.
am to 6:00 pm Eastern Time. If you are calling from
outside the United States, please see the instructions at If you have active duty military service, you will also want
http://www.ltcfeds.com/contact/phoneinfo. html. to include a copy of your DD 214 in the file. This form is
normally required before a funeral home can arrange for
military honors. If you don’t have a copy of your DD 214,
you may request one from the National Archives at
Voluntary Contributions – How You Can http://www.archives.gov/ veterans/evetrecs/.
Increase Your Retirement Annuity
I made the decision to get my documents in one place
If you are covered by eit her the Civil Service Retirement after two of my friends died very suddenly. Dealing with
System (CSRS) or CSRS Offset retirement plans, you the death of a family member or close friend is never
may establish a voluntary contribution account to easy, but keeping this New Year’s resolution will remove
purchase additional retirement annuity. However, you some of the stress and worry from the situation.
must first pay any outstanding civilian deposit or redeposit
before you will be eligible for voluntary contributions. Send comments or suggestions to:
Because those covered by the Federal Employees
Retirement System (FERS) are not eligible to make
voluntary cont ributions, if you transfer to FERS you will not
be able t o make additional cont ributions, but the account
will continue to earn interest.
Each $100.00 of voluntary contributions you make will