Retirement legislation

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Q: I am a 59-year-old Postal Service employee covered under CSRS with 34 years service. Can legislation be passed to reduce the annuity I have earned, or is the Civil Service Retirement System a vested, defined benefit plan? If I do retire, can my annuity be reduced?

A: The gift of prophecy is not among my skills. You’ll have to wait and see.

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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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