Browsing: Creditable service: CSRS

Q. I am somewhat confused as to what the Civil Service Retirement System (CSRS) Offset actually is. I am quite sure they have been taking Social Security out of my checks for the extent of my government employment, but it was my understanding that CSRS Offset retirees were still able to draw Social Security with their retirement checks. Here’s some of my history, for context: I started working for the VA in March 1981. I have had no break in my service and chose not to switch to FERS when it was offered to me. I have completed nearly 35 years of service. I…

Q. I was in the Air Force from 1970 to 1974, then worked as a federal employee until July 1999, when I took a reduction in force with penalty and early retirement. In 1983 when FERS was formed, I stayed in CSRS and was told if I bought my military time back, my Social Security would not be affected. In reality, I took a large penalty from CSRS and due to the windfall elimination provision, I lost all Social Security but $264 per month. I think I have 42 quarters paid in. I bought back my military time (basically the…

Here it is, mid-September. And those of you who have the right amount of age and service are asking, “What’s the best date to retire?” While there is no single best date to retire – sorry about that! – some dates are better than others. Let me explain. Time of Month The time of month that’s best to retire is different for CSRS and FERS. If you are a FERS employee, you have to retire no later than the last day of a month if you want to be on the annuity roll in the following month, If you…

Q. I’m under CSRS. If I started my government service in the legislative branch (15 years and three months), and then went to the executive branch for the next 16 years, can I carry my 2.5 percent annual into the 16 years of the executive branch service, or do I start at 1.5 percent the day I began with the executive branch?

Q. I understand that the Federal Erroneous Retirement Coverage Corrections Act addresses situations like mine, where I started federal service in 1980, took a break in service from 1983 to 1986 to attend grad school, then returned to federal service in 1986. When I returned, I asked if I could re-establish CSRS. I was told I could not and that I had to go on FERS. Was I eligible for CSRS offset, even though I only had 3 years of CSRS prior to December 1987?

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