Q. I am a retired FERS annuitant with less than 20 years’ federal service. I retired as a GS-13 in December 2004 with 13 years’ service. Can I be rehired if I agree to give up my FERS annuity?
A. Here’s what will happen if you are rehired. As a rule, the salary of your new position will be offset by the amount of your annuity. Thus, the total amount you receive will be the same; it will just come from two places. Note: In rare circumstances, you may be hired into a position that allows you to keep your annuity and the full salary of your new position.