Q. If my Special Retirement Supplement is eliminated due to income earned the previous year, am I still taxed on the amount I would have received?
Author militaryonline
Q. I have a unique situation that I would appreciate some clarification on regarding the FERS Special Retirement Provision. I am a current federal law enforcement officer with 12 years of creditable code M coverage. Prior to becoming a federal employee, I was an air traffic controller in the military. I now have an opportunity to change my position to become a GS-2152 air traffic controller with the Defense Department. My question, since both law enforcement officer and air traffic controller positions have special retirement provisions, is how would my retirement calculation be handled? Would I still be able to retire under special provisions at 20 years/50 yrs old?
Q. I plan to retire within the next year but have some questions. I am a CSRS-Offset with 34 years of employment. I understand that after I start receiving the payments Social Security will not be taken out. Does that also include Medicare and state withholding taxes? So, if my annuity estimate states that I will receive $2,700 per month, is the only deduction I will have off of that my insurance if I choose to continue it? Also, if you deduct the withholding of Medicare and state taxes, will I be able to get them back when I file…
Q. I retired as a National Guardsman after 22 years of service, 17 of which were Title 10 Active Guard Reserve. I was recently hired as an federal employee. I’m confused about selling my time back, so here are my questions: 1. I’m only 45 and not collecting my guard retirement. As I understand it, I can sell back my federal active-duty time (17 years) and still be able to collect my guard retirement when I turn 60. Is that correct? 2. What is the cost to sell back those 17 years?
Q. I am a 48-year-old Army Reserve retiree (Gray Area). I was mobilized in support of Operation Enduring Freedom and was medically flagged during mobilization as being asthmatic and ultimately unfit for duty. After a Medical Evaluation Board, the Physical Evaluation Board offered for me to accept an early retirement in lieu of a disability separation. Unfortunately, I was retired as an E-4 with 16 years, 2 months, 7 days of combined service and a total of 2,524 points . The breakdown is 4 years active duty Marine Corps 1983-1987, and Army Reserve 1992-2003 with one additional year of active duty…
Q. I retired in 2009 at the age of 59. I was a Civil Service Retirement System (CSRS) employee. I am drawing my pension and have never paid into the Social Security system. My future spouse will draw his full social security at age 66. If I understand correctly, if he should die before I do, I will never be eligible to draw his Social Security. Could this be possible since my annuity is twice as much as his Social Security?
In order for military service to be considered creditable for civilian retirement purposes, you must have done one of the following: Served on active duty in the armed forces, which are defined as the Army, Navy, Air Force, Marine Corps or Coast Guard and, after June 30, 1960, in the Commissioned Corps of the Public Health Service or, after June 30, 1961, in the Commissioned Corps of the National Oceanographic and Atmospheric Administration; Served as a cadet in the Army, Air Force or Coast Guard academies or as a midshipman at the U.S. Naval Academy; Been called to active duty…
Q. I retired from the Navy in 2006 after 20 years of military service. I am employed as a civilian mariner in Military Sealift Command as a GS-11. After I reach age 56, can I retire and get my retirement from the federal government and still received my military retirement? I was born in 1965 and will have 13 years of service when I reach age 56.
Q. I started work with the Defense Department on March 14, 2011. I was a GS-7 with full promotion level to GS-9. I was promoted March 25, 2012. I had applied for a job and took that job August 26. The position is with the Department of Veterans Affairs. It is a GS 9/11. I came onboard as a GS-9 thinking I would be promoted in March to GS-11. My supervisor has rated my 90 days as fully successful. I asked about promotion. He is saying that his boss is telling him that I need 52 weeks on station before…
Q. I want to apply for an unreduced annuity at age 60. Is locality pay factored in with the base pay in the computation for monthly annuity payments under FERS? A. Yes, locality pay is considered part of base pay.