Q. I am a CSRS employee who has been working for 33 years plus four years of military credit gives me 37 years of service. I also have more than 40 credits to qualify for Social Security. I will be 62 this month. What is my classification in terms of government pension offset, windfall, etc.? I know that since I will receive a government pension, my Social Security will be reduced, but by how much and how can I figure it out? I plan on retiring ay the end of this year or next year.
Browsing: Creditable service: CSRS
Q. I am 65. I have worked under CSRS at the Veterans Affairs Department for 30 years. Still working full time. If I were to die before I retire, would my wife be eligible to receive retirement pension benefits?
Q. I am 53 years old and will have 30 years of service with the Postal Service under CSRS. If I leave the post office before I am 55 years old, will my annuity start when I turn 55?
Q. I recently had to choose between CSRS Offset and FERS due to an error made in my human resources department. I was classified as an intern or temp for the years 1982 through 1984 and erroneously put in CSRS versus FERS. I have since chosen CSRS Offset. As a result of their mistake, it has been brought to my attention that this error has also uncovered two years where I did not contribute to a retirement system (only FICA). I now have the option of buying back the two years. However, what was once an $800 bill, has now…
Q. When determining the number of substantial years of contribution for Social Security purposes, is it when one actually enrolls for benefits or when one is eligible for benefits? I will be subject to the windfall elimination provision due to a small pension from CSRS. At age 62, I will have 28 years of substantial contributions. If I wait until my full retirement age, I will have 34 years of substantial contributions. Will there be any reduction of Social Security benefits?
Q. I recently heard that you can only recover three years of excess retirement contributions with interest. I have 44 years and one month of service under CSRS but expect to work at least another year. Will I not be able to recover those contributions past 44 years and 11 months?
Q. I have recently heard about an 85-year time and service requirement for CSRS. I have always been told that you need the standard 55 years of age to retire unless your organization was having a reduction in force or similar downsizing. Is there any discussion of this in the CSRS manuals?
Q. I am 42 and have 11 years of covered law enforcement time. Can I leave for a state position and collect half at age 45? This is what I was told.
Q. If I left the service in 1999 but have not taken out my CSRS funds. How do I withdraw them? What forms are needed and they need to go to whom? Is the 20 percent federal withholding required to be withheld?
Q. If I leave federal service without retiring, is that money returned to me? I currently have seven years of active federal service.