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Diane Publishing Books
Federal Pensions: Judicial Survivorsí Annuities System Costs
Steven J. Sebastian (au); Joseph A. Applebaum (au)
The Judicial Survivorsí Annuities System (JSAS) was created in 1956 to provide financial security for the families of deceased fed. judges. It provides benefits to eligible spouses and dependent children of judges who elect coverage within 6 months of taking office, 6 months after getting married, 6 months after being elevated to a higher court, or during an open season authorized by statute. Active and senior judges currently contribute 2.2% of their salaries to JSAS, and retired judges contribute 3.5% of their retirement salaries to JSAS. This report reviews JSAS costs to determine whether the judgesí contributions fund at least 50% of the planís costs during the previous 3-year period. Charts and tables.
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