Q. I have been retired from CSRS since 2004 with 34 years of service. It is my understanding that I have $25,000 in life insurance to be paid to my beneficiary when I die. That will most likely be my wife. How should she go about claiming the life insurance?
Browsing: Creditable service: CSRS
Q. At 19, I was recruited and placed into a civilian Defense Department position as a cooperative education student. I would be placed on leave without pay during periods when I was attending college and not working. This continued for five years. My start date was June 1980 and I finished my degree in August 1985. My service computation date is April 1982. Is there an option to buy those LWOP periods to bring my SCD to 1980?
Q. I had heard that there might be an option to retire “gracefully,” e.g, work halftime for two years while also getting your retirement. I am under CSRS. Is this so?
Q. I have read on your site where, in some instances, military retirees are told when they retire from there civilian job, they will be required to waive their military retired pay. At times, they are told they can receive both pensions. I am a National Guardsman with 24 years on active duty. I plan on accepting a federal position (GS). If I leave active duty and revert to M-Day (weekend duty) in the National Guard, buy back my years in the federal system and work for five to eight years until age 56½, will I be able to collect…
Q. I was hired by a federal agency while on terminal leave from the Army. Is this creditable service toward retirement from the federal agency?
Q. What are the differences if my retirement date is Nov. 29, 2014, or Dec. 1, 2014? I will be retiring from the Postal Service as a Level 18 postmaster. I am retiring under CSRS. My service computation date is July 6, 1979. I will be turning 55 on Nov. 16. I have worked continuously at the Postal Service, and I have 1,848.84 hours of accumulated sick leave.
Q. 1. How are the days of active-duty service calculated? 2. Is that a one-to-one credit added to years of service? 3. Can you buy it back after you retire and adjust the annuity accordingly? 4. Can you buy back portions of it? 5. Can you pay in installments? 6. What percentage of military pay per year would you get in retirement? For CSRS, it is roughly 2 percent based on high-3; would it be calculated on actual salary back then or adjusted for inflation? 7. Any chance for a retroactive payment once established? 8. Will I lose any benefits…
Q. Would I be eligible for a Voluntary Separation Incentive Pay if offered? I am 57 and will have 33 years of service under CSRS in June. I took an NTE position in 2009 that ended in Sept 2011 and was unemployed from Sept. 30, 2011, to June 2012, when I was reinstated. Because I had the break in service — and since that break have been working less than three years continuously, would that make me ineligible for a buyout? Also, is there a limit on how many times you can be turned down for a VSIP or any…
Q. I work for the Postal Service with 35 years of service, covered under CSRS and I turned 62 in June. I have 40 quarters of work in under Social Security. Can I file to draw my Social Security benefits while I am still working full time under CSRS, since they get offset to almost nothing when I retire?
Q. I am a 2012 CSRS retiree. My wife will soon be eligible for Social Security retirement, as she is closing in on the 40 quarters benchmark. When I die, and she receives the CSRS survivor monthly benefit, will her own Social Security retirement benefit be affected by the windfall elimination provision? (Her Social Security benefit will be minimal, having just reached the 40 quarters).