Q. I have around 13 years active Army and three years Army National Guard time total. I was a sergeant when I separated in October 2011 from the Army. I just accepted a position at the U.S. Postal Service. How much will it cost me to buy back my military time, or is it even worth it? Would that mean I now would have 13-16 years with the post office counting toward my retirement? Does buying time back do anything for your new or current pay grade in a federal job? Does it count toward leave accruals?
Author Reg Jones
Q. I’m not sure I’m tracking with the explanations of how part-time employment impacts retirement. I plan to retire at age 62 with 10 years of government service. I may have an opportunity to forego retirement and work three days per week with the same agency. If I choose to accept that offer, how will it impact my retirement?
Q. I’m a retired U.S. Postal Service employee since June 2018. Currently, I still have my federal BCBS insurance plan and Medicare Part A, but no Part B. My wife, who is still working, has better insurance coverage. Is my wife’s insurance primary and my BCBS secondary because my wife is still working? Do I need Medicare Part B?
Q. I am retired and receive an annuity payment ever month. I have been having real bad back problem – my disk in my back affects my walking, I had the nerve burned and shot in my back – but nothing seem to help. Do I qualify for disability insurance? I’m 72 years old. Can I receive both benefits?
Q. I am MRA +10 and want to postpone receipt of my FERS annuity until I turn 62. My agency says if I choose to “postpone” I can’t retire but have to resign and contact the Office of Personnel Management six months before my 62nd birthday. How do I “retire and postpone” instead of resign?
Q. I will retire on Jan. 4, 2019. I have 230 hours of annual leave that I want to cash out. How is this done and how much will it be? There are still two more pay periods where I will accrue some leave. Is there a form to be completed?