Q. Can a CSRS Offset retiree cash in or buy out his/her monthly annuity being received for a lump-sum payment, health and survivor benefits notwithstanding?
A. No.
CSRS Offset lump-sum payment in lieu of monthly annuity
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Reg Jones
Reg Jones was head of retirement and insurance policy at the Office of Personnel Management. Email your retirement-related questions to fedexperts@federaltimes.com.