Q. I am a FERS employee who retired on a VERA. I was rehired five years later. My pension is subtracted from my pay. When I retire again, will all of my money be considered or just what I receive minus the pension?
A. Because you have been re-employed for at least five years, when you retire your annuity will be recalculated using the standard formula and your new annuity will be based on your entire work history. If you worked for fewer than five years, you’d receive your original annuity plus an additional amount based on that recent period of service.