Q. I will be fully eligible to retire in 2012. I am under CSRS. I also receive Social Security notices about how much SSN I will receive at Social Security age. Will I be able to receive both?
A. You will receive your full CSRS annuity. However, the amount of Social Security benefit you’ll get will be affected by the windfall elimination provision of law. The WEP reduces the Social Security benefit of anyone who receives an annuity from a retirement system where he or she didn’t pay Social Security taxes, such as CSRS, and has fewer than 30 years of substantial earnings under Social Security. While the Social Security Administration has a calculator you can use to determine the amount of that reduction, you’ll find a simpler and more efficient piece of software at www.FEDbens.us.