Q. I am maxed out in the CSRS system and age wise. How would I request a refund of my excess contributions to the retirement system?
Author Reg Jones
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.
Q. I am 69 and a 30-year GS 6 CSRS retiree. Social Security says I will draw next to nothing, maybe $132 a month. I work a security job for a private security company. Can I opt to not pay Social Security taxes?
Q. I am 40 years old with 14 years of Federal Aviation Administration air traffic control. I have six years military and bought back my time. Can I take a deferred annuity and walk now with 20 years and then at age 60 apply for my retirement?
Q. I am currently a federal employee and also a traditional Guardsman (one weekend a month and two weeks a year). I served 13 years on active duty Army. I am at around 16 years total military service right now as well. If I were to buy back my 13 years of active time, would those years still count toward my military retirement? How would it affect my military retirement? Just pay?
Q. Can you withdraw your cumulative retirement funds before you retire?
Q. If I retired under FERS and elected not to continue FEHB because of coverage from a FERS-employed spouse and she were to die, can I continue my FEHB benefits? I was covered for five years prior to retirement.
Q. I am a 48-year-old FERS employee and considering resignation with almost 28 years of federal service. If I resign now (age 48), at age 60 do I submit a request to the Office of Personnel Management to collect pension high-3 (28 years of service)? If this is so, would this be considered a postponed or deferred retirement?
Q. I’m a CSRS retiree and am thinking about returning to civil service. I’m 63 years old and am uncertain how re-employment will affect my retirement and health benefits. Will I lose all of my retirement benefits? Will I have to relinquish my health benefit and select another health insurance coverage?
Q. Hello, I worked for the National Labor Relations Board (under FERS) for four years and left to work with California MTA and California Department of Justice (CalPers). Do either of those California state agencies have reciprocity with the federal government? If no, would I be able to purchase the one year left to vest in FERS?
Q. What percentage would be added to my retirement annuity if my sick leave balance is 700 hours?