Buyout

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Q.  I am CSRS employee with 31 years of service and I am 61 years old. I just went on leave without pay because of extended health problems. Would that cause problem if my agency offers buyouts?  Also, can I ask for retirement figures without submitting retirement papers and would that cause problem if buyout is offers?

A. The fact that you are on leave without pay would not prevent you from being offered a buyout if your position was among those that your agency wanted vacated. Neither would asking for an estimate of what your annuity would be. You don’t need to submit your retirement papers to get that.

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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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