Q. I worked part time for more than 10 years in the private sector before joining federal service and contributed to Social Security. I am 63 and plan to retire next year after I turn 64. How does Social Security affect my CSRS annuity? Is it worthwhile to apply for Social Security benefits?
A. Applying for a Social Security benefit won’t have any effect on your CSRS annuity. However, because you’ll be receiving an annuity from a retirement system where you didn’t pay Social Security taxes, your Social Security benefit will be subject to the windfall elimination provision. The WEP will reduce that benefit because you have fewer than 30 years of substantial earnings under Social Security. Since you ll still get something, it makes sense to apply for it.
