Re-employment, Social Security and the WEP

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Q: I will retire at the end of this year with 33 years’ service in the Civil Service Retirement System. I will be 58 years old. I have 10 quarters of Social Security credits I earned before working for the federal government. Under a new law effective Jan. 1, 2010, federal employees can be re-employed after retirement on a part-time basis without the earnings affecting their retirement annuity. Am I assuming correctly that the part-time earnings I receive count toward Social Security? Is there an effect on the windfall elimination provision?

A: You would be covered by Social Security during your period of re-employment. If at any time you become eligible for a Social Security benefit, the WEP would reduce that benefit.

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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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