VERA and rehire

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Q. Can I go back to work at the Postal Service after I have received a Voluntary Early Retirement Authority? It would be a noncareer position.

A. Yes. However, if you did so before five years had elapsed, you’d have to repay the entire pretax amount of the buyout prior to your first day on the new job. Further, in most cases, the salary of your new job would be reduced by the amount of your annuity.

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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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