CSRS overpayment

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Q. What form would I use to get a refund or a CSRS overpayment. I am retiring as a LEO with 36 1/2 years service, 20 of which are under a covered position. And who do I send it to?

A. Because you will have reached the 80 percent limit on your earned CSRS annuity, when your application for retirement is processed, OPM will send you a statement showing the amount of your excess contributions, and they will offer you a choice. You can either accept the excess contributions or use them to buy additional annuity, which is not subject to the 80 percent limit.

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Reg Jones was head of retirement and insurance policy at the Office of Personnel Management. Email your retirement-related questions to fedexperts@federaltimes.com.

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