Browsing: annuity

Q. I did 10 years active duty and just started a job as a GS position and applied to buy back my military time. I was thinking if I bought back the time, I’d only have to work 10 more as a civilian to get to the 20-year mark. My supervisor told me it doesn’t work that way and that buying back my military time was only to get more money in my annuity when I retire. So now I have to do 20 years as a civilian?

Q. I recently turned 62. Four years ago, I had my disability retirement approved by the United States Postal Service. Unfortunately, Social Security did not approve my disability and I didn’t receive any monthly benefit until I turned 62 and that was at the non-disability dollar rate. Does my USPS disability retirement monthly annuity increase to what a voluntary immediate retirement is? And, since I turned 62 several months ago, will the Office of Personnel Management process a lump sum payment to cover those several months?

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