Lump-sum payment


Q. A person worked for the USPS from 1981 to 2001 under CSRS, left the system and took a lump sum refund at age 50. Would this refund include only the employee’s contributions and interest? 

A: As required by law, he or she would have received a refund of his retirement contributions, without interest.




About Author

Reg Jones was head of retirement and insurance policy at the Office of Personnel Management. Email your retirement-related questions to

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