If a retiree is eligible for both
CRDP and CRSC, he/she may participate in the CRSC/CRDP Open Season.
This annual election allows the retiree to choose which payment is
preferred (federal law states that you can receive CRDP or CRSC;
not both).
Each December, eligible retirees
receive a CRDP/CRSC Open Season Election Form. To help the retiree
make a more informed decision, the form includes a comparison of
the CRDP and CRSC entitlement amounts as well as information about
the collection actions and taxes to which each type of payment is
subject.
The retiree needs to return the
form only if making a change from CRDP to CRSC or vice versa. If
the retiree prefers to keep things the way they are, then do
nothing, and the payment the retiree now receives will continue
uninterrupted. Each year's Open Season normally ends on January
31st. If the envelope is postmarked after this date, it will not
be processed and the current payments will continue.
The retiree's election will remain
in effect unless changed in a subsequent annual open
season.
You may direct any inquiries
regarding CRSC/CRDP Open Season by calling toll free
1-800-321-1080, or commercial 1-216-522-5955 from 7 a.m. to 7:30
p.m. EST, Monday through Friday (except Federal holidays).