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F. Annuities, Pensions and Retirement Benefits

At application and review, explore potential benefits for each budget unit member. Annuities are paid yearly or at specified intervals. They may be purchased from an insurance company or by an employer for services rendered.

Explore the work history of the adults in the B.U. regarding pensions paid by a former employer, insurance company, or other public/private agency.

If receipt of benefits is denied but there is a record of several years’ service in a particular organization and retirement in the past six months, contact the employer to determine benefit potential. Benefits also may be provided by a labor union or a fraternal organization.

1. Verification sources

a. Annuities

Contact the insurance company or employer.

b. Pensions

Contact the payer of the benefit.

c. Retirement

1) Contact the payer of the benefit.

2) For a retired employee receiving U.S. Civil Service or Federal Employee Retirement System payments because of disability, retirement, or death, do not use a check alone to verify the amount of the payment, because the check is not reliable evidence of the gross amount. Use notices or other documents in the a/b’s possession, or contact the Office of Personnel Management toll free at (888) 767-6738 or send written inquiries to:

Office of Personnel Management Retirement Operations Center PO Box 45 Boyers, PA 16017