Q. I worked for the Postal Service from 1982 to 1996. I left and have been employed for the last 10 years at a small business. I am 52 years old. Am I entitled to retirement benefits?
Yearly Archives: 2013
Q. I am 60 years old with 33 years of federal service. I would like to retire next year, but under FERS, I would have to stay until I am 62 years old to get the additional 0.1 percent annuity incentive. Is there another way to achieve my goal?
Q. Is every CSRS employee considered an offset? I retired in 2012, started in 1977, and now, at 62, applied for my Social Security. I was informed that the CSRS annuity reduced my very small Social Security check to $100. Now, will the Office of Personnel Management reduce my annuity by that 100? A. Pure CSRS retirees like you are subject to the windfall elimination provision. The WEP reduces the Social Security benefit of anyone who receives an annuity from a retirement system where he didn’t pay Social Security taxes and has fewer than 30 years of substantial earnings under…
Q. I will be retiring in early 2014 under CSRS with a spouse and disabled son. I understand that, with proper approval from the Office of Personnel Management, my disabled son may be carried as a beneficiary for survivor benefits at no additional cost. I know that normally, if a dependent spouse predeceases the retiree, the cost of survivor benefits will no longer be deducted from the retirement annuity. Is this still true with the disabled dependent, or will I continue to pay the survivor’s benefit cost?
Q. I’m a FERS employee with 26 years of combined service. I am 49 years old. If my research is correct, I’m eligible for immediate retirement annuities upon separation because I have 25 years of service and the separation would be for nondisciplinary or performance reasons. Age is at least creditable service is at least 50 20 years any age 25 years
Q. While a civilian employee with the Veterans Health Administration, my Army Reserve unit was activated and I stayed on leave without pay for more than four years while on active duty. I then returned to my civilian VHA job. I recently read that my LWOP status counts as half time toward retirement. 1. Is that true? 2. Would that mean I only have to buy back two of my four active-duty years to make it count toward civilian retirement?
Q. What is the minimum time in grade for an Army Reserve officer to retire at the current rank at mandatory removal date? Does a retired Army Reserve officer receive both their Army Reserve retirement pay and Defense Department civilian retirement pay?
Q. I am age 62 with 33 years of federal service. What is the best source for calculating my benefits?
Q. Would money received from rental property be included in the earnings limit?
Q. I was a federal employee from 1993 to 2001. When I separated, I withdrew my FERS contributions. I am now contemplating re-entering the federal workforce and have read about the redeposit option. However, I read an Office of Personnel Management guidance memo that implies that redeposit is only applicable for FERS employees who separated after October 2009. What are my options? Can I buy back time in service?