Q. I will be retiring with 33 years under CSRS on April 3. I am 61 years of age and will be able to collect a small Social Security amount at age 62 (July 14).

I have enough quarters in Social Security from working in the private sector before I joined the federal government. I am scheduled to receive $529 at age 62.

How much will I receive from Social Security? I am told that I will not receive the full $529. I make about $62,000 a year, since I am a GS-9 Step 10. I understand that there is a windfall provision in which I will receive less.

A. You’ll be subject to the windfall elimination provision if you have fewer than 30 years of substantial earnings under Social Security. The WEP will reduce but not eliminate your Social Security benefit. To find out more about the WEP, go to http://ssa.gov/pubs/10045.html.


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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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