Q. I’ve been talking with people who are already federal employees. Some of them are covered by FERS and others by CSRS. If I’m hired, will I automatically be enrolled in FERS or will I be able to choose which system I’ll be in? A. You won’t be offered a choice. All federal employees first hired on or after Jan. 1, 1987, and most employees first hired after Dec. 31, 1983, are automatically covered by FERS.
Browsing: Creditable service: CSRS
Q. I plan on retiring Aug. 3, 2019. I’m a CSRS employee. Will I be entitled to any COLA in 2020? A. In January 2020, you will be entitled to 1/3 of any COLA amount, rounded to the nearest 1/10th of 1 percent.
Q. I have worked for the government in two different agencies. I worked for the U.S. Postal Service for 12 years under CSRS, which was followed by time in the U.S. Department of Commerce for the remainder. This includes four years of military service. There was a break of more than a year between the two. I was classified as being Offset CSRS in the Department of Commerce, but I have always paid into Social Security both in the Postal Service and Commerce. Shouldn’t I be exempt from WEP? A. Because you had a period of service under CSRS –…
Q. I am eligible to retire under CSRS with what is currently 37 years of service (SCD JUL 1982). I am still working and plan to for a couple of more years. However, I became eligible for full Social Security January 2019, for work employed outside of CSRS. Would my CSRS pension (when I retire) be reduced by this amount if I were to sign up for it or is it the Social Security amount that will be reduced or eliminated? A. If you have reached the age when you are eligible for a full Social Security benefit (between 65…
Q. Individuals covered under CSRS pay CSRS employee deductions, and are excluded from Old Age, Survivors and Disability Insurance taxes of Social Security. They may contribute up to the Internal Revenue Service elective deferral limit each year to the Thrift Savings Plan (TSP), but CSRS employees who contribute do not receive any government contribution. There are so many references in Office of Personnel Management materials, congressional papers and Treasury manuals that prohibited those working under this system from paying into Social Security, how can Congress and Social Security turn around and penalize survivors whose spouses paid into Social Security? Why…
Q. I will have 43 years of Civil Service in June 21, 2019. I have accrued 2,770 hours of sick leave. Will I have these sick leave hours added to my retirement? Will I lose any hours after accumulating 2,087 hours of sick leave?
Q. I left government service in 1981 and withdrew my retirement funds. I then re-entered government in 1991 under CSRS and retired in 2009. I am paying back the withdrawn funds every month out of my annuity. How long will they take out these funds from my retirement? It will be 10 years in January 2019. I have been told by others that it will be 10 years, then the money will be put toward my retirement annuity.
Q. I am maxed out in the CSRS system and age wise. How would I request a refund of my excess contributions to the retirement system?
Q. I am 69 and a 30-year GS 6 CSRS retiree. Social Security says I will draw next to nothing, maybe $132 a month. I work a security job for a private security company. Can I opt to not pay Social Security taxes?
Q. I resigned with 30 years of federal service. Can I apply for my retirement now at the age of 50?