Q. I started my career with the federal government in December 2010. If I am not mistaken, my retirement contribution is 1.2 percent. I left the federal government in June 2013. I will be reinstated hopefully in about a month. As a reinstated employee whose initial date of entering the federal workforce was in 2010, will I be abided by the new retirement contribution rate of 4.4 percent?
A. The retirement contribution rate you paid was .08 percent. The higher contribution rate applies to those who are first hired after Dec. 31, 2012, and those who were rehired after that date who have less than five years of prior creditable service. You fall into that latter category.
