Q. I am 56 with eight years of service. With a reduction in force, would I qualify for a deferred annuity at 62? If so, is the formula still .01 percent of high-3 x eight years? Also, what about my health insurance? Would this be lost, or could I reapply at 62?
Browsing: Deferred retirement
Q. I will be a FERS retiree with more than 30 years and my spouse will also be eligible for a deferred FERS retirement but will probably wait seven years until he’s 62. He left federal employment more than 10 years ago, and I have always carried him on my Federal Employees Health Benefits family plan. I understand he will be covered by my FEHB family plan after I retire as long as I’m living. If I don’t select a survivor annuity for him, will he be eligible to get his own FEHB plan if I die before him?
Q. I work for the Defense Department with 16 years of service. If the rumored next round of Voluntary Early Retirement Authority/Voluntary Separation Incentive Pay occurs (and I should be 57 by then), can I take the VSIP, not pull my FERS retirement contributions and apply for the discontinued service retirement at 62? If yes, does my sick leave still count for calculating the retirement amount? Is giving up the DSR a requirement for VSIP?
Q. I was involuntarily separated by base closure and realignment in 1996 with 11 years of service. My minimum retirement age is 56. Can I begin my annuity at age 56 with a penalty?
Q. My wife worked for the Department of the Navy for six years 1990 through 1995. Is she entitled to any retirement benefits?
Q. I have been a federal employee for one year. However, I am 60 years old. If I stay with the federal government for five years, will I be able to receive retirement pay? I have also served in and retired from the military.
Q. My wife wants to retire from the Postal Service, under FERS, with 30 years service but she’ll only be 50. Am I correct in understanding that she will be eligible for a deferred retirement at her minimum retirement age of 56 without any reduction to her annuity? What about the special retirement supplement? I’m assuming she won’t be eligible for that. She’s been on my Federal Employees Health Benefits plan for the past 25 years. I’m also a postal worker. So can she get her own individual plan, or must she stay on my family plan? I was told…
Q. I am a 48-year-old with 25 years of service with the Postal Service. My office will be reduced in September 2014 to a six-hour office. My husband was a retired Marine with a service-connected death. What are my options with the Postal Service plan? Can I be RIF’ed and can my pay be cut? I have veterans’ preferences documented on my Form 50.
Q. I was separated (resign or be fired) from the federal government in 2007 after more than 21 years of service. Twenty of those years were under FERS and the remainder were under CSRS. I was involuntarily converted to FERS in 1987. During 2007, I was not eligible for the MRA+10 retirement, but now I meet the requirements. I understand that I am eligible for an unreduced annuity at age 60. Can I wait until age 62 to receive a higher benefit amount? Do I get any credit for contributing to CSRS for one full year? How many months before…
Q. Is there any benefit in waiting until age 62 if the previously separated annuitant is eligible for a deferred annuity at age 60 under the provision for 20 or more years of service and meets MRA+10 eligibility? Would the benefit at age 62 be higher than at age 60? If so, how much higher?