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.