Q. I’ve been retired for four years and selected a full CSRS survivor annuity for my spouse. She is applying for her retirement this year from the state of California. Because her retirement is from another government agency pension plan, will that have any impact on the amount of CSRS survivor annuity she may receive upon my death?
Browsing: Creditable service: CSRS
Q. I am a federal employee under CSRS. My service computation date is May 1, 1976. I have six years of active-duty service and do not qualify for Social Security, nor will I qualify when I plan to retire at age 62. I know at that time, since I don’t qualify for Social Security, no deposit is required to get credit for my military service and that my federal CSRS annuity will not be reduced. Assume I retire at age 62 as described above not qualifying for Social Security. But, say, at age 63, I get a private-sector job after…
Q. Recently, I contacted the Office of Personnel Management to get an official ruling on the “one-time check” at age 62. This check occurs when a CSRS retired person turns 62. OPM cannot provide in writing that this “one-time check” is official. In my case, I will not have 40 credits when I turn 62, so I will not qualify for Social Security. Because I will not qualify for Social Security, I do not expect to have my CSRS pension reduced. What if I become eligible (obtain 40 credits) sometime after I turn 62? I would like to have something…
Q. I was recently told that I am a Federal Erroneous Retirement Coverage Corrections Act case. I may have been inadvertently placed in CSRS Offset when I transferred from an independent federal agency in 1988. I elected CSRS Offset coverage at that time and have been coded that way ever since. Now that I have about 500 days until I am eligible for full retirement, they mention FERCCA. What have you seen as possible outcomes for this scenario?
Q. I plan on retiring Dec. 31, 2014. At that time, I will have 41 years of service as a CSRS employee. I will also have 2,500 hours of sick leave. Will the 2,500 hours of sick leave be added on for years of service? If so, would I be eligible for 42 years of service calculated at my high-3?
Q. I was hired by the Federal Aviation Administration in January 1985 and erroneously placed in FERS. I separated from the FAA in 1998. I have been looking at the information on the Office of Personnel Management website about eligibility, and it appears that I may be eligible for placement in CSRS. I’ve written to OPM for a review of my case as they suggested, but I wanted to get a third party opinion on the matter.
Q. I am 63 years old with more than 43 years of creditable service under CSRS and plan on retiring next year. I retired from the Air National Guard as a traditional guardsman with 39 years of service and am receiving my Guard pension. The only active service time I had was my initial five months of training, which I never bought back. I am eligible for Social Security, and I am looking into the cost of buying that military time. But since I am already past the 41-year, 11-month mark for the 80 percent maximum payable annuity, I am…
Q. I’m in CSRS. My service computation date is July 31, 1978, and I maintain the maximum of 240 hours of annual leave. I also have 3,702.4 hours of sick leave. Since annual leave is projected forward, is the first pay period of the new leave the best time to retire to receive a lump-sum payment for 448 hours of unused leave? However, I don’t know how this will affect my sick leave. Is there a formula or software that can determine the best year and date to retire to maximize lump-sum payment for unused annual leave and sick leave?
Q. I worked for the Forest Service in high school in the summers of 1981 and 1982, then permanently in 1983. I was put on leave without pay in October 1983 due to lack of funds. I was under FICA retirement on my SF-50. I joined the active-duty Air Force in January 1984 because I was unemployed. I spent 20 years with the Air Force, retired and started working for the Veterans Affairs Department. Would I qualify for CSRS? I was just told you are FERS, period. But that was before my Forest Service records were obtained to show previous…
Q. I am confused about sick leave and how it is computed to determine your basic annuity. 1. Is it credit for time served, or does it convert to a monetary value added to your high-3? 2. What are the benefits associated with carrying sick leave into retirement? 3. Is it 100 percent creditable for all sick leave as of January 2014, or is there a way for them to differentiate what leave will receive 50 percent and what leave will receive 100 percent?