Browsing: Benefits

Q. I am 74 years old, retired under CSRS and receiving about $1,900 per month after taxes and Medicare payments. My wife is 76 years old, retired under Social Security and receives about $290 per month after Medicare. Am I correct in the following assumptions: 1. The spouse of a Social Security retiree can receive a benefit amount up to 50 percent of what the retiree receives and not affect the retiree’s benefits. 2. The spouse of a CSRS retiree does not receive such a benefit. If I am correct, this example only helps to substantiate the idea the Congress…

Q. I am 63 and retired under CSRS. I have four years military time included in my creditable service, have not paid back this time and do not qualify for Social Security. I will, however, qualify for Social Security in about two years. It is my understanding that there is a Social Security check done at age 62, but will the Office of Personnel Management check in later years or be notified when I do qualify? If not, is the “onetime” check at age 62 in law or is it an OPM process that can be easily changed?

Q. I have just retired after 31 years and 10 months of service as a federal law enforcement officer. My retirement was mandatory at age 57. I have over 20 years in 6c position. I am under CSRS Offset. I would like to collect Social Security as well as my government pension at age 57. Can I receive Social Security benefits at age 57? At age 62, what amount are my benefits offset?

Q. I am 66 and still working and covered under CSRS offset. I have 30 years of substantial Social Security qualification. Twenty of those years with the federal government. Trying to decide if I take Social Security now rather than at age 69, when expect to retire. If I take it now, will my Social Security deduction off of CSRS be taken at the current rate (66) or will it be at the rate when I retire (69)?

Q. I am considering retirement soon but would like to know if paying back my military time is a wise decision. I am 60 years old and will have 35 years civil service time. I do not have enough quarters to draw Social Security and never plan to. Will my annuity be based just on those 35 years, or will it be based on my actual service computation date, which would add four years?

Q. A little over three years ago, I retired under FERS. I was a widower at the time, so no survivor benefit was being withheld from my pay. I now intend to remarry a French citizen and will reside here in the states for a time, then move to France. I would like her covered by my Federal Employees Health Benefits, at least while we are in the U.S. Can I sign up now for a full survivor benefit for her? How much will it cost me? I read somewhere that it costs 10 percent of my current annuity plus…

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