Service computation date

0

Q. I am a Customs and Border Protection officer. I was hired in August 2003. I am under the CBP officers enhanced retirement, which took effect in July 2008. According to my leave and earnings statement, it says my “Retirement 6C date” is Aug. 24, 2003, which is the date I was hired. Does this mean that my enhanced retirement benefits will be calculated from that date? I thought it would start from the July 2008 date. Can you clarify?

A. Because you were hired before the enhanced benefit took effect, two things will happen. First, those earlier years won’t be computed using the enhanced benefit formula. Second, you won’t be subject to the requirement to be mandatorily separated at age 57.

Share.

About Author

Reg Jones was head of retirement and insurance policy at the Office of Personnel Management. Email your retirement-related questions to fedexperts@federaltimes.com.

Leave A Reply