ERFC Retiree Information
All you need to know about your pension
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ERFC Retiree Forms
· Authorization to Discuss Member Information ERFC31
· Credit Union Deduction ERFC4
· Direct Deposit Authorization ERFC3
· Federal and State Income Tax Withholding Form ERFC9
· Name / Address Change Form for Retirees & Beneficiaries ERFC29B
· Request for Mailed Delivery of Printed Pay Statements ERFC37
· Request for Termination of Monthly Benefit ERFC15
GETTING DIVORCED? Check the Domestic Relations Orders Information:
- ERFC – Domestic Relations Orders Guidelines and Model
A Domestic Relations Order (DRO) is a court-ordered equitable distribution of marital property that provides for a portion of a member’s retirement benefits to be paid to a former spouse. The ERFC’s Guidelines for the Development of Domestic Relations Order provide information on preparing a DRO and include a model DRO. View ERFC’s DRO Guidelines and model DRO here, or request a copy by contacting ERFCOffice@fcps.edu.
- ERFC Domestic Relations Orders (DRO) Regulations
Tax Statements
Tax Statements (ERFC 1099‐R) for benefit payments are mailed to retired members by the January 31st deadline.
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ERFC Direct lets you view and print a copy of your Tax Statement |
If you do not receive your printed tax statement by February 5th, please call (703) 426-3900.
ERFC Direct Deposit Schedule for Retiree Benefit Payments
ERFC Direct Deposit Benefit Disbursement Schedule - 2021
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| January 29, 2021 | February 26, 2021 | March 31, 2021 |
| April 30, 2021 | May 28, 2021 | June 30, 2021 |
| July 30, 2021 | August 31, 2021 | September 30, 2021 |
| October 29, 2021 | November 30, 2021 | December 31, 2021 |
ERFC mails printed benefit pay statements only upon written request or to provide notification to retirees and benefit recipients whenever changes occur in their net benefit payments – such as the implementation of a COLA increase, or a benefit offset at full Social Security age, or when tax withholdings are adjusted.
Complete and return the ERFC37 form - Request for Mailed Delivery of Printed Pay Statements only if you have a special need or interest that requires you to receive a printed ERFC benefit statement by mail every month.
For questions regarding ERFC benefit checks, please contact our Accounting Technician at (703) 426-3925.
Cost of Living Adjustments (COLA)
ERFC
A cost-of-living adjustment (COLA) will be applied to your ERFC benefit annually on March 31st, beginning with the March 31st that is more than three full months after the Member's Effective Retirement Date. For example, if you retired in February 2020, your first COLA from ERFC would be applied to your benefit on March 31st, 2021. If, instead, you retired in October 2019, your first COLA from ERFC also would be applied to your benefit on March 31st, 2020.
Under current provisions COLA adjustments apply as follows:
| Legacy and 2001 Tier-1 | 2001 Tier-2 | |
| 1st year COLA | 1.49% | 50% of *CPI-U (Up to 2%) |
| 2nd year and beyond COLA | 3% | 100% of *CPI-U (Up to 4%) |
* Consumer Price Index for all Urban Consumers (CPI-U) for the Washington, D.C., metropolitan area for the period ending in November of each year.
VRS
VRS effective cost-of-living adjustments (COLAs) as of July 1, 2019 for all eligible benefit payments:
| Plan 1 | Plan 2 |
| 2.44 % | 2.22 % |
For more information about VRS cost-of-living adjustments visit the VRS COLA website
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Retirees Additional Resources
FCPS offers comprehensive benefits to eligible retirees. Learn more about how your FCPS benefits may be affected by retirement.