Q. I was hired May 1, 1984, under the former federal retirement system. On Jan. 1, 1987, I was transferred into FERS. Is my service between from May 1, 1984, to Dec. 31, 1987 still considered to be part of my FERS-covered service?
Browsing: Creditable service: CSRS
Q. I am a law enforcement employee with the federal Bureau of Prisons. I joined the BOP on Nov. 26, 1995. Prior to that, I served in the Army on active duty for 11 years, with a two-year break in service. First term in the Army was Feb. 8, 1983, to May 2, 1988 – Honorable Discharge. Second term in the Army was April 30, 1990, to Dec. 28, 1995 – Honorable Discharge. I was on terminal leave while I joined the BOP, so for one month I was double dipping, so to speak. Would I be eligible for CSRS,…
Q. I served on active duty in the Air Force from February 1983 to January 1992. I joined California state government in August 1993 and recently retired after 20 years and paid into Social Security the whole time. I am now considering working as a civilian for the federal government. Because military time, if purchased back, qualifies as CSRS time, does this mean that if I become a federal civilian employee now, that I will be under CSRS instead of FERS? Or because I have never been a federal civilian employee in the past, I must go under FERS and…
Q. I am a 60 percent disabled veteran, so I earn a disability income. When I started work at the Postal Service, I bought my military time back so it would count toward retirement, so my service date is Sept. 1, 2001 (actually started in 2006). I am 46 years old now and I am looking to leave the USPS within three to four years. What options do I have for retirement? Could you explain deferred annuity and any other options available to me?
Q. I have tried numerous times to buy back or pay back for my military service so it can be used to civilian retirement. Each time I have been denied. What is the proper way to do this? How do I find out how much it will cost me each paycheck? And normally how long does it take? I was in the Army from August 1972 (months of delay entry) to December 1986. I am now employed by the government in civilian service position (GS). I understand the time presently is going to leave only, and not my retirement. I…
Q. I’m a Defense Department employee who was initially hired part time under CSRS in 1979, but elected to switch to FERS. At that time, I’m not sure if I was refunded the money I put into CSRS. I’m showing eight years of frozen service (with no mention of CSRS Offset), Thrift Savings Plan eligibility date of July 11, 1993, TSP service computation date of Jan. 1, 1984, and TSP status date of July 11, 1993. The first entry I’m seeing in my FERS account is dated Feb. 1, 1988. Am I eligible for a CSRS retirement annuity for the…
Q. I withdrew my CSRS for a bit of service with the Postal Service in 1990. I then was rehired by the Postal Service and have just retired. I redeposited $2,818 to make my annuity about $100 more per month. That withdrawal didn’t affect my years of service, just the annuity amount. Can I deduct that redeposit somehow from my federal tax return for this year?
Q. I am a CSRS employee. If I turn 55 on. Jan 21 2015, but plan to retire Jan 3, 2015, will I be penalized for being under age 55?
Q. I have worked 39 continuous years as a CSRS employee and am in the process of getting divorced from my wife of 37 years. We will be dividing the CSRS pension. My wife has sufficient Social Security quarters in the private sector that she will receive a Social Security retirement benefit based on her own record. Her lawyer and the Social Security office in Alabama say that she will incur a government pension offset because she is receiving a pension from which she didn’t pay Social Security. I think they are actually calling this a Social Security Offset. I’ve explained that this shouldn’t apply as she didn’t earn this…
Q. I retired from the Air Force Reserve with 20 years. I am a civil service employee with nine years of service, but four years of that service are from active-duty military service that I bought and paid in full. I will be eligible for military reserve retirement at 60. When I decide to retire at 63, will I be eligible to receive my civil service retirement and keep my military reserve retirement, or can I receive both?