Q. I worked for the federal government from September 1975 through April 1998 and elected to stay in CSRS when the new system was offered in 1987. I turned 62 on Aug. 12, 2012, but did not apply for my benefits under the assumption that the value of the annual benefits would increase if I waited until 65 or longer to begin collecting. Is that assumption correct, or should I apply immediately for the retirement benefits because there is no increase in the base annuity amount until I begin collecting and then I get cost-of-living adjustments?
Browsing: Deferred retirement
Q. I work for Congress and have just over 26 years of federal service under FERS. I will be turning 51 years old at the end of this year. Can I retire early and defer my FERS retirement without penalty and work another job as a contractor until I reach age 62, then completely retire and start receiving my benefits? Also, will I be eligible to continue to receive my Federal Employees Health Benefits if I retire at the end of this year?
Q. I am 59, turning 60 in December. I have eight years and one mo of credited military time (I just bought back my retirement) and have almost three years as a civilian employee. When would I reach a point where I could expect a minimum retirement?
Q. I resigned from the Postal Service in 2010 and, at that time, I had 32 years in at the age of 52. I wish to freeze my retirement until age 55. At that time, I wish to draw it. They accepted the resignation. I was a Level 22 under CSRS. The paperwork they sent me says I have to be 62. Can you advise?
Q. I have worked for the Postal Service for 18 years. If I decide to terminate my employment, will this affect my retirement benefits when I retire? Do I need a minimum of 20 years to get anything?
Q. What would my retirement benefit percentage be if I retire at 20 years as a law enforcement officer but I am only 43? Four years of military bought back. Started in the Federal Bureau of Prisons at age 22 in 1993. Will have 20 years on Sept. 19 and will turn 43 a few days later. Served in the Army from age 18 to 22, 1989-1993. Can I do this? Presumably with a decreased benefit.
Q. I worked for the Postal Service for 11 years under FERS. Will I receive a pension? How do I find out how much I would receive?
Q. I am a FERS employee and will have 30 years of service at age 53. My minimum retirement age is 56. If I take a deferred retirement at age 53, may I draw unreduced benefits at age 56, 60 or 62?
Q. I am 54 years of age (born Dec. 2, 1958) and under FERS. I have 27 years of federal service. Can I: 1. Resign today and postpone receipt of my pension until I have 30 years of service? 2. Retire today and start receiving my pension? What penalty would I receive?
Q. If I worked as a federal employee for 10 years and left at 40 years of age, would I be able to apply for a MRA+10 annuity at 62 and keep access to my Federal Employees Health Benefits? This would assume that during those 10 years, I was enrolled in FEHB.