Q. I took the VERA/VSIP. Can I go work for a contractor who does work for the Department of the Army?
A. Yes, you can. Working for a contractor would not affect your federal annuity.
Contract work and annuity
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Reg Jones
Reg Jones was head of retirement and insurance policy at the Office of Personnel Management. Email your retirement-related questions to fedexperts@federaltimes.com.
4 Comments
Would it effect the SRS amount?
It would if your income during the calendar year exceeded the annual earnings limit. In 2018 that limit is $23,850.
Is the $23,850.00 annual earnings limit – based on before taxes or after taxes?
Before taxes or any other deductions.