Suspending annuity

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Q. My mother has a small monthly annuity from OPM based on civil service with the Veterans Administration.  This annuity income pushes her over the total income cap for other unrelated health benefits.  Is it possible to suspend (but not forfeit) her OPM annuity.  The goal would be to give her the option of restarting the annuity if she determined that she wanted the annuity income at some future date?

A. No. She could forgo her annuity entirely, but she wouldn’t be able to restart it.

 


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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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