Early out and offset waiver

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Q. I retired last year under FERS at age 56 with 28 years and seven months service. I took an early out. I would have had my full 30 years in January 2015. I applied as a rehired annuitant this month with the same agency and everything looked like I was going to be hired, but the manager called and said I didn’t qualify for the annuity offset waiver because I had taken an early out, and they were only allowed to hire those people who qualified for the waiver at this time. Is it true that if you take an early out, you do not qualify for the waiver?

A. Yes.

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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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