Retirement and re-employment

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Q: I will retire from the federal probation system in July 2012 at the mandatory age of 57. Can I be hired by the TSA in a non-law enforcement position and continue to receive my federal retirement? If not, what will be the arrangement?

A: In most cases, the salary of your new position would be offset by the amount of your annuity. If you worked for at least one year, you’d receive a supplemental annuity based on that service. If you worked for at least five years, your annuity would be recalculated as if you had never retired. On the other hand, there are some positions where you would be allowed to receive your annuity and the full salary. If you took such a position, when you retired your annuity would continue but you would receive no additional credit for that time. Before you accept an offer of employment from an agency, you’ll have to ask which scenario would apply to you.

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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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