Q. If a person dies after they receive their annuity check, what happens to the money left in their account?
Monthly Archives: March, 2013
Q. When I retire from the Postal Service (under FERS), can I continue paying for life insurance for my husband and me when we are over the age of 80 or 90? Or does the Office of Personnel Management not allow me to continue paying for life insurance when I reach a certain age?
Q. I retired from CSRS on disability. I have my 40 quarters. My wife is retired from Social Security. Can I draw from her account at age 62?
Q. I’m currently employed as a U.S. Probation Officer for the federal judiciary. I recently volunteered to relocate to another office within the same agency/district. My new office (New Bern, NC) has a lower cost-of-living adjustment than my previous office (Raleigh, NC). Due to short notice, I was unable to sell my home in Raleigh prior to moving to New Bern. As a result, I continue to pay a mortgage and properties taxes at my previous duty station, Raleigh. The federal judiciary did not authorize any relocation expenses. However, I’m looking for literature governing COLA disbursements for situations similar to…
Q. I am retired military. I am 65 years old now. Do I have to pay for Medicare Part B even though no expense now?
Q. I plan to retire this year and start my own business. I am CSRS Offset and 55 years old. How will any income I make from my business affect my pension and taxes?
Q. I am retired and receiving a CSRS pension. If I move to another country and become a citizen of that country, will I still receive my CSRS retirement?
Q. I retired in 2003 with 30 years of active Army service. I have been drawing full military retirement pay since then. I am now a GS employee with seven years of federal service. Can I still buy back my military time and combine the two for a federal retirement?
Q. I heard on television that, under the Affordable Care Act, children can stay on your medical plan until age 26, but spouses are not considered dependents. My wife is a few years younger than me and, when I retire next year, will she still be covered under Federal Employees Health Benefits?
Q. My service computation date is Oct. 15, 1979, and I was eligible for my CSRS annuity on Sept. 23, 2008 (60 years old; 29 years of service). My plan is to retire Sept. 30. This will give me 34 years, one month and 23 days of service, counting sick leave. Is my retired pay based on my age now (65 years old, five years or 10 percent over the 60/20 requirement) or my years of service (34 — four over the required 30 years or 8 percent over the requirement)?