Q: How do I terminate a retired annuitant from the agreed-upon year of service needed at the time? Will paperwork be needed? What if the service provided by the retired annuitant is not working out for the organization, are we just stuck with the situation or is there a regulation that I can reference to ensure we are not faced with stiff penalties later? A: Re-employed annuitants serve at the will of the appointing officer and can be terminated at any time.
Author militaryonline
Q: I am retired military with 20 years of active duty. I am a GS-14 with two years of federal service. I am 47 years old. What would the benefit be to buy back my military time? A: If you made a deposit to the civilian retirement system for your 10 years of active-duty service, it would be added to your actual service time in determining your eligibility to retire and, when you retire, your annuity would be 10 percent higher than if you didn’t make a deposit. The deposit required would be 3 percent of your basic active-duty pay,…
Q: My husband turns 65 next year and will be eligible for Medicare Part B. I am a federal employee, and he has been on my FEHB plan for years because he is on Social Security Disability. If I understand this correctly, if Medicare Part B will not pay for a procedure or doctor, then Blue Cross also will not pay. Do we even have to take Medicare Part B? I plan on keeping my Blue Cross after retirement. If we do not take Medicare Part B, will this affect my FEHB plan coverage. A: Medicare and your health benefits…
Q: I withdrew my CSRS retirement in 1993 and then started back in the government in 1999 and was hired as a CSRS offset employee. My service comp date is October 1981. I also have years of service from 1977 to 1981 and then came back in 1982 and worked until 1993. I resigned in 1993 and went back into government from 1994 to 1995 and then resigned again. I then came back in the government in 1999 and I am still working. I am a CSRS Offset who unfortunately withdrew my retirement when I left in 1993. I asked…
Q: My daughter turned 22 in March, so her insurance on my policy through the Defense Department (Blue Cross) expired. Since the new health care reform bill extends coverage to age 26, but does not go into effect until Jan. 1, 2011, how does that affect her? Can she be reinstated on Jan. 1st to our current health insurance coverage as she previously was? A: During the interim, she would be able to enroll as an individual under the Temporary Continuation of Coverage provision, for which she would pay 100 percent of the monthly premiums plus 2 percent for administrative…
Q: I was able to retire from federal service under discontinued service retirement and as a Federal Employees Retirement System annuitant. Therefore, I have been receiving the FERS supplement for Social Security. I will be 62 in September 2011. At that time, my FERS supplement ends and I will begin collecting Social Security retirement benefits. I also have severe fibromyalgia and other health problems. Will I be able to apply for Social Security disability? I realize that I would have to make my disability case with Social Security. If I am still eligible to apply for disability, when should I…
Q: I plan on taking a deferred retirement at age 54 with 32 years of federal service in May 2012. I have been in the Federal Employees Health Benefits program since 1985. My wife plans taking a job in the federal government prior to me taking the deferred retirement. When she is hired, the plan is for me to transfer to her FEHB. When I reach age 56 in May 2014, how will the deferred retirement impact the three parts of the Federal Employees Retirement System (basic retirement with high-3, etc.; supplement, which should be 32/40 x what I receive…
Q: I work for the Air Force. One of our retired military members was told that if he waived his retired military pay to combine the military and the civilian service, he would lose his Tricare benefit. What exactly are people waiving when they waive retired military pay? A: He was misinformed. Waiving his military retired pay and making a deposit to the civilian retirement fund would allow him to get credit for his active-duty service in determining his eligibility to retire from his civilian job and in his annuity computation. It will have no affect on any military benefits…
Q: I am a federal employee with 10 years active-duty time that I have almost finished buying back. I am also in the National Guard and I have just been offered a full-time Active Guard reserve position. Since I will leave federal service to return to active duty (Guard), can I get the money back that I have contributed to buying back my active-duty time? A: You can get a refund of your military deposit only if you: 1) resign from the government before you are eligible to retire and 2) receive a refund of all your contributions to the…
Q: My husband worked for 13 years in the civil service and then left. He was a meat cutter WG-8 with the commissary system and that position was being phased out as well as the nearest bases to us being closed. He left the system in 1987 and applied at that time to receive his retirement contributions to use for retraining for another line of work. Since that time, he has worked as a tile contractor. Some years were good some were not. He will be 62 in a few months and went to the Social Security office to inquire…