Browsing: Deferred retirement

Q. I am a 66-year-old federal employee with 24 years of service whose office is offering buyouts to fix furlough woes we are experiencing. I am healthy and, while I would love to be able to retire, I am uncertain. We are being told if we take the buyout, we can get unemployment benefits and COBRA coverage under the Federal Employees Health Benefits plan. Would this be a smart move for me?

Q. How can a previous federal employee receive deferred retirement? I have someone who has sent letters to the Office of Personnel Management, along with her last SF-50, more than once in the past two years asking for assistance and never received any replies. Is there a form to fill out and other information?

Q. I am a FERS employee with eight years of federal service. I plan to end my employment next June with nine years of service at the age of 61½ years. I hope to apply for a deferred retirement when I turn 62 in January 2015 and want to make sure I am eligible. I also assume that the computation of my annuity is done using the high-3 pay figure x roughly 9 percent?

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