Q. I have now passed the 42-year mark and still pay deductions to CSRS. If I request a refund or additional annuity when I retire, does the government contribution (which seems to be continuing according to my earning statement) become part of the equation?
A. No, it doesn’t. When you retire, you will only receive a refund of your own contributions, plus accrued interest. OPM will notify you about the amount and offer you the option of accepting a refund or using the money to buy additional annuity, which isn’t subject to the 80 percent limit.