3 pensions?

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Q. I am working for the Postal Service and will have 13 years in at age 63, when I plan to retire (estimated retirement is 1 percent per year).

I also did 20 years in the Navy and am drawing my pension from there.

I am fully vested in Social Security, and have always worked jobs that paid into Social Security.

When I retire, can I draw all three pensions? Are there any penalties? If yes, what and why?

A. Yes you can, and no there aren’t.

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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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