Browsing: Creditable service: FERS

 Q. I am a state worker in Ohio who is considering employment at the Veterans Affairs Department. I have 9½ years of state service time. Can this state service time be converted to federal service time if I were to gain employment at VA? I also have five years of state service time that I can purchase through a state university I taught at while obtaining my graduate degree many years ago. Can this time, if purchased, be converted to federal service time? Is there any type of program available to aid federal workers (e.g., VA employees) with financial help…

Q. I was active-duty military from February 1976 to February 1980. Then, from February 1980 to 1982, I was a temp employee. In February 1982, I was made permanent in the same position and placed in CSRS, where I remain today. I have paid both deposits for my military and temp time and my service computation date is February 1976. I read in your column where employees have been placed in the wrong retirement system and wanted to confirm I’ve been placed correctly in CSRS.

 Q. I am a postmaster under FERS. I have 30 years of service and will be 53 years and 11 months old when I receive separation notice in September. All my research suggests I will be able to retire under discontinued service retirement. It seems illogical the Postal Service would offer a VERA eight months before that. It seems to suggest that an obscure fact will be revealed then that will disqualify myself and others from DSR. How could I protect myself in that event?

Q. I am 59 years old. I receive a civil service retirement from my former spouse, approximately $24,000 per year. I work in the private sector and have paid into Social Security for 40 years. I will be accepting a position in the federal government and plan to work for five years and pay the maximum I can into CSRS. I hope that, after five years, I am eligible for a small retirement from the government in addition to Social Security and my former husband’s retirement. Is this correct, or will there be caps to the amount that I can…

Q. I am 46 years old and coming up on 23 years of federal law enforcement service. Under our retirement calendar, we must retire at age 57. I could retire voluntarily at 49 with 25 years of service. I am considering a disability retirement due to a recent injury that has left my body, which has had many prior on-the-job injuries, racked with pain, and I can no longer perform my job. Will the following years that will count into my federal total time in service, once on disability retirement, continue until my 57th or 62nd birthday under normal retirement…

Q. As a FERS employee, when I turn 56, will my special retirement supplement be reduced based on my retirement income? Or is that only reduced based on if you work somewhere else earning wages? My understanding is that, when I retire at 56 I will get the following for my retirement: 1. Years of service percentage based on salary — for example, 30 years of service at a $100,000 salary will get $30,000 a year. 2. Annuity from Thrift Savings Plan if I decide to take annuity. 3. Special retirement supplement until I turn 62. Do the above three…

1 22 23 24 25 26 79