Q. I have worked 33 years in health care. My agency is asking me to resign. Does this affect my pension?
Browsing: annuity
Q. I was informed by my local human resources and retirement benefits representative that under FERS, with 30 years of credible service, I am eligible for retirement at any age (I am age 50, with 20 credible years of service) without reduction in annuity payments. Does this seem correct?
Q. Can you explain what would happen to my pension as a reinstated employee? I retired in 2011 from the sales department in the U.S. Postal Service. I took a Voluntary Early Retirement Authority. I was 53, now I’m 59. I would like to go back to my job (I just saw the posting). I have been getting the supplement since age 56. I get $27,348 with my pension and supplement. I left at the pay scale of $68,000 — the same as the job is offering. Would I still get a pension in my direct deposit? Will I accrue a new pension?…
Q. How does the accumulation of sick leave factor into the overall retirement calculation? I plan on retiring in four years and will have accumulated more than a year’s worth of sick leave. I want to use it toward retirement. I will be 63 with 18 years of service as a civil servant. I’m retired military, as well.
Q. Is the cost of the spousal benefit I elect on the day I retire (approximately 10 percent of my pension) set in stone? Or do I have to pay more each year because the value of my pension is going up due to the cost-of-living adjustment (COLA)? (Is it 10 percent of retirement pay on Day 1 and that amount is paid forever, or 10 percent of my pension as it goes up due to COLA? Is the value of my spousal benefit based on 55 percent of the amount of my high-3 pay at retirement or is it 55 percent of my pension at…
Q. I worked for the Department of Veterans Affairs for five years, then left and went to another hospital. Am I entitled to a retirement check?
Q. I’m a federal firefighter required to retire from my job after 34 years. I’m 57 years old and under FERS. I will receive the special retirement supplement along with my annuity. What is the dollar threshold amount where they start reducing the supplement?
Q. I’m a federal worker about to retire from my job after 34 years. I’m 59 years old and under CSRS. Is there a limit as to how much I can earn without being penalized if I seek non-federal government employment after retirement?
Q. My sister’s husband passed away in December last year, and she received his CSRS benefits at 55 percent. She was told she is not entitled to any pay raises sense he retired, which was in 1996. But if she is entitled, who would she contact?
Q. I have been working full time for the Department of Veterans Affairs (term employee in research) for nine years and four months. We may have to move out of state for my husband’s job. Is there any benefit to delaying the move to reach 10 years of service? I was also in the Army Reserve for six years, but never active duty.