Retirement and insurance

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Q: I will retire under FERS in 2015 at age 56 with 33 years of service. I will continue to carry my Federal Health Insurance. I am told that the government will not pay anything toward it like they currently do as a federal worker. Is that true?

A: No. When you retire, you’ll pay the same premiums you would as an employee, unless you work for the Postal Service. Postal Service employees have a higher percentage of their premiums paid by the Postal Service. When they retire, they pay the same premiums as all other federal employees and retirees.

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