Annuity

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Q. I retired with 30-plus years of federal government service. If I accepted a job with the U.S. Postal Service, will my retirement continue? I’m curious because the Postal Service branched off from the rest of the civil service agencies.

A. Yes, your annuity would continue. However, the salary of your new position would be reduced by the amount of your annuity. While the U.S. Postal Service is an independent agency of the federal government, all its employees are covered by the same retirement system as other government agencies.

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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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