Q. I am CSRS, age 55 with 30 years as of Nov. 18. I have been offered the Voluntary Separation Incentive Pay/Voluntary Early Retirement Authority to be out by Jan. 4, 2014. Which am I actually taking? The VSIP or the VERA?
Browsing: Creditable service: CSRS
Q. I am a retired CSRS employee (10 years) and will turn 65 next month. I qualify for Medicare parts A and B. I have talked to my current Federal Employees Health Benefits provider, and there is very little savings for me in taking Part B. I can stay status quo with my FEHB if I have Part A. If I take Part B, I would have to pay more than $200 per month to Medicare. If I only take Part A and defer B at this time, do I have “credible government coverage” to add it at a later…
Q. Are CSRS retirees required to join Medicare by age 65?
Q. My fiance is a retired federal government employee under CSRS. We are getting married this month, and he would like to add me as his wife to his insurance. However, when we called and asked about the monthly cost of adding me (I have never worked for the federal government), we were told his premiums would jump from approximately $155 a month to $450 per month because I have never worked for the government. Is it correct that what we pay for insurance can climb by a huge amount because I never worked for the government, or would the…
Q. If I’m age 62, with more than five years of service and immediately eligible for retirement, am I eligible for the new phased retirement program? If I do go on phased retirement, do I continue to participate in the same government health care and federal benefits programs I now have?
Q. My late wife and I were 30-year federal employees covered under CSRS. When we retired, we both elected no survivor benefits. I am age 60 and have been retired with CSRS for five years. My wife passed in 2010. I remarried in 2012 and would like to place my wife into the survivor benefit program. I understand the calculations for determining a full survivor annuity, but should my current wife predecease me, will I be able to stop the survivor benefits deductions from my monthly annuity?
Q. I will be 62 in February and plan on retiring. I joined the Navy in 1970. Since then, I have two years and nine months of active duty, two years of inactive Navy, 10 years of active Naval Reserve and 13 years of active Naval Reserve for a total of 25 years and eight months. I was placed on the Naval Reserve retired list in February 1999. I would be eligible for reserve retirement when I turned 60, which was February 2012. Authorization for retirement is per references 10 U.S.C. 12731, 12732, 12733, and 12739. In May 2001, I…
Q. I am in CSRS Offset. I am 56 with 29 years of Veterans Affairs Department service. Do I have to wait until November 2014, when I will have 30 years of service, before I can obtain retirement benefits? My service was involuntarily interrupted when I was “laid off” for a three-month period. It was never technically referred to as a reduction in force, but I did obtain unemployment during that period. Is there any way I can get credit for that?
Q. In CSRS retirement, can a survivor benefit be reinstated (it was waived at retirement) if a retired employee changes his mind and decides to give his spouse a survivor benefit? He understands there would be a payback penalty associated with it. Or is the only option to divorce and remarry?
Q. I will be eligible to draw my CSRS retirement on Jan. 18. I work at the Veterans Affairs Medical Center in Asheville, N.C. I will be 62 years of age on Jan. 18 and also eligible to draw Social Security. Can I draw my CSRS retirement but leave my Social Security at this time, and still continue to work at VA and draw full pay?