FERCCA Legislation
The Federal Erroneous Retirement Coverage Corrections Act (FERCCA) legislation was signed in September 2000. It was designed to provide relief to federal civilian employees who were placed in the wrong retirement system for at least three years of service after December 31, 1986.
FERCCA gave affected employees and annuitants placed in the wrong retirement system an opportunity to choose between the Federal Employees Retirement System (FERS) and the offset provisions of CSRS. FERCCA may also provide one or more of the following:
- Reimbursement for certain out-of-pocket expenses paid as a result of a coverage error,
- Ability to benefit from certain changes in the rules about how some government service counts toward retirement, and
- Make-up contributions to the Thrift Savings Plan and receipt of lost earnings on those contributions
Read more about this topic: Federal Employees Retirement System
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“Statecraft is soulcraft. Just as all education is moral education because learning conditions conduct, much legislation is moral legislation because it conditions the action and the thought of the nation in broad and important spheres of life.”
—George F. Will (b. 1941)