CSRS Offset

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Q. My agency was downsizing, so I accepted an early retirement offer at age 50. I was covered by CSRS Offset. When I turn age 62, do I have to apply for a Social Security benefit?

A. No, you don’t have to apply for a Social Security benefit. However, whether you do or don’t, at age 62 your CSRS annuity will automatically be offset (reduced) by the amount of Social Security benefit you earned while covered by CSRS Offset.

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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.

4 Comments

  1. Are CSRS Offset retiree, received a combined pay net amount from OPM and Social Security?
    Is Direct Express Card more favorable to use in the US and Abroad?

    • At age 62 your CSRS annuity would be reduced by the amount of Social Security benefit to which you are entitled, whether or not you apply for a Social Security benefit at that time. If you do apply for a Social Security benefit, the total amount you receive OPM and SSA should remain essentially unchanged. To get and answer to your second question, call the Direct Express hotline at 1-800-333-1795

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