Retirement and rehiring

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Q: I plan to retire in 2011 under CSRS. There is a new part-time job in my postal facility which is 12 to 16 hours. Can I apply for this job after I retire? This is a permanent part-time position with benefits. Will this affect my CSRS retirement? Will I be covered under FERS?

A: Your salary would be offset by the amount of your annuity. Therefore, in all likelihood, your annuity would be greater than the salary of a part-time position, which would mean that your salary would be zero. If you were rehired, you’d be a CSRS Offset employee (CSRS and Social Security) with the option to transfer to FERS.

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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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