Transfer of benefits

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Q. I am a full-time regular postal employee with 17 years and 15 years of military service for a combined total of 32 years of federal service. The mail processing facility where I work is scheduled to be closed. I am 53 years old and just short of retirement age. If I transfer to the Department of Veterans Affairs will my FERS contributions and accumulated annual and sick time transfer with me? I expect my service to be continuous with no break in service. If I’m not offered an early retirement or buyout options, I stand to lose these benefits. I do not want to receive any kind of separation pay if I can help it.

A. Yes, if you move to another federal agency, they will transfer with you.

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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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