Retirement

PLANNING FOR RETIREMENT

It’s never too early to start planning for retirement in order to ensure it goes smoothly. Here you will find information to help ensure your retirement starts well.

For technicians within 5 years of their retirement date, you should request an estimate from the Army Benefits Center - Civilian (ABC-C), they will do a thorough records review and complete your estimate within 3-5 months. You can find their website at https://www.abc.army.mil or call 1-877-276-9287 option 3.  Another avenue to request an estimate is through EBIS, click on the 'eRetirements' tab and follow the instructions.

TSP -- THIS IS THE LARGEST PORTION OF YOUR RETIREMENT! Saving for your retirement is an important part of your retirement benefits in addition to your monthly annuity. The Thrift Savings Plan Website has additional information.

Federal Ballpark Estimate - You can use the Federal Ballpark Estimate to automatically calculate estimates of future Federal Employees Retirement System (FERS) retirement benefits and Thrift Savings Plan account balances. It will also let you know how well you are doing in meeting your savings goal.

© NYS DMNA: Technician Resources - Retirement
URL: http://dmna.ny.gov/hro/tech/?page=1276787767
Page Last Modified: 25 Apr 19