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Answered Question

elvalovel...

M¢25 Funded By Mahalo ? | February 20, 2009 06:57 PM

I am a Federal retiree and I pay Federal taxes on my annuity. Will I see my taxes reduced?

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jeffhoard

February 22, 2009 08:29 PM

According to the Fedblog Federal Retirees get $250 tax credit.

--Quote---
The original version of the stimulus bill included a cash payment to Social Security, Veterans, Supplemental Security Income and Railroad Retirement recipients, but not Civil Service Retirement System annuitants. The National Active and Retired Federal Employees Association is claiming a bit of the credit for getting that changed, so CSRS retirees will get a one-time $250 refundable tax credit. “Thanks to the tireless efforts of Senator John Kerry (D-MA) as well as Chairman Max Baucus (D-MT) and other federal-friendly lawmakers, no federal retirees were excluded.
--/quote--

And according to the New York Times, you should get that within 120 days of the signing of the bill
Source(s):
http://blogs.govexec.com/fedblog/2009/02/federal_retirees_get_in_on_the.php
http://www.nytimes.com/2009/02/13/your-money/13money.html

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