Browsing: annuity

Q. This is my last year receiving Supplemental Social Security (retired from the U.S. Postal Service as FERS in April 2016). I was born in the middle of the month of January. Will this supplement end in December of this year or will it include January 2018 – the month I turn 62 – and stop in February?

Q. I worked in Saudi Arabia as an Army civil servant from 2012-2016. I now work in the U.S. at Marine Corps Base Camp Pendleton where I receive locality pay. If I work here for two years, how is my retirement pay under FERS (42 years of service) computed? What if I spend one year overseas (no locality pay) and two years stateside (with locality pay) — do I get the average of the three years?

Q. If I resign from the government, am I required to leave my money in the retirement fund to be eligible for a deferred annuity at age 60 (to avoid the age reduction)? I want to transfer my retirement fund to my own securities personal bank. To be eligible for an early out, do you have to be at your minimum retirement age?

Q. I retired as a CSRS Offset employee in 1997 at age 50. Since federal retirement, I worked in the private sector paying Social Security on those wages. At age 62, OPM reduced my federal annuity by about 25 percent but hasn’t adjusted my annuity since, even though I’ve contributed near the maximum into Social Security during the eight years since. I see nothing indicating that the offset ratio is a one-time event. What recourse do I have?

1 2 3 4 11