Q: I retired as a Federal Employees Retirement System annuitant Feb. 1, 2006 at age 62 plus a couple of weeks. If I am rehired: Will my current FERS gross annuity before taxes be deducted from the new gross salary before taxes?
I suspended my federal health insurance but now have Medicare and Tricare for Life. What is my best option if I am rehired by the government?
A: Unless you are hired under one of the special authorities that would allow you to receive both your annuity and your full salary, the gross amount of your annuity would be subtracted from the gross salary of your new position.