Q. I receive CSRS OFFSET reduced benefits after working 29 years with the federal government. I am also covered with 30+ years substantial earnings for Social Security benefits. I turned 65 in May. When I turned 62, I started to have my CSRS payments reduced by the amount of SSA benefits I was entitled to if I was receiving them. I am still working full time and plan to continue for the next few years. Will this offset stop at any age, or will my CSRS payments always be offset by my SSA benefits?
A. The offset to your CSRS annuity is a one-time reduction based on the amount of Social Security benefit you earned while a CSRS Offset employee, and that offset is permanent.