ERFC Retiree Information

All you need to know about your pension

ERFC-Direct
ERFC 2001 Tier 2 Plan
ERFC 2001 Tier 1 Plan
ERFC Legacy Plan
ERFC Financials

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:

 

Tax Statements

Tax Statements (ERFC 1099‐R) for benefit payments are mailed to retired members by the January 31st deadline.

ERFCDirect Logo

ERFC Direct lets you view and print a copy of your Tax Statement
Under “Benefit Information” on the left side of the home page, click 1099-R 

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
 

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
.

Retirees Additional Resources

FCPS offers comprehensive benefits to eligible retirees. Learn more about how your FCPS benefits may be affected by retirement.