Q. I am 62 years old with eight years of service under FERS. I left FERS employment at age 60. Am I eligible for any FERS retirement?
Browsing: Deferred retirement
Q. I worked as a civilian employee for Alameda Naval Air Base, Calif., under CSRS for 20 years, eight months and four days. At the time the base was closed in 1995, I was not eligible for retirement due to my age. I will be 60 in a couple of weeks. Will I be eligible for my retirement from the federal government? How is that amount calculated and what do I need to do to start the process?
Q. At what point would I be eligible to receive a retirement if I ended my career at age 47 with 18 years, six months and about 15 days of creditable time as a federal employee? What portion of that will my ex-wife get if I continue to work beyond that time as a federal employee (more years added), especially if there is no eligibility for 18 years?
Q. I am under FERS. I would be eligible for retirement if an early-out is offered with at least 25 years of service (I have 27½). I would like to go now and would prefer to do so under an early-out offer so that my retirement will start right away instead of having to take a deferred retirement. If I get a job offer before the early-out comes, once I sign the final papers and retire, then an early-out is offered a month or so later, is there a window that I may rescind my retirement to be included in…
Q. I was employed in a law enforcement position under CSRS for 25 years, under 6c retirement formula. My service computation date was July 7, 1975, I resigned my position on Sept. 28, 2000. I needed to be 50 years old to be eligible to retire, but I left when I was 47. On Aug. 8, I will be 60 years old. Can I apply for a deferred retirement now or do I have to wait to apply until I am 62 years old on Aug. 8, 2015? I called the Office of Personnel Management and am getting conflicting information.…
Q. I plan to apply for a deferred annuity under FERS, at age 60 with more than 20 years of service. I have been separated since 2007. Would my computation rate for the annuity be computed at .01 or at .011?
Q. I am under FERS and plan to retire in June 2015 after five years with the Veterans Affairs Department. Am I entitled to my unused sick leave? If I am, how is it calculated and how is it paid out?
Q. I am 52 years old with four years of federal service. My understanding is that I can leave federal service after five years of service (at age 53) and still receive a pension when I reach age 62. Is that correct? Also, I am trying to determine how many more years of service I need to keep federal health insurance after leaving the government. My understanding is that I need six more years, for a total of 10 years, at which time I will be close to age 59. If I remain with the federal government for 10 years…
Q. I am a FERS employee. I reach my minimum retirement age in October with 36 years of service. I plan to work until January 2015. I was told by a retired co-worker that he was offered a Voluntary Separation Incentive Pay two years ago, but he did not accept it. He did not accept the VSIP because he was informed if he took the VSIP, then he would not be eligible for the special retirement supplement. If a VSIP is offered next year, I would consider retiring early if it meant that I would lose the special retirement supplement.…
One of the most valuable benefits offered to federal employees is the opportunity to enroll in the Federal Employees Health Benefits Program. I thought it would be a good idea to spell out the conditions that need to be met to carry FEHBP coverage into retirement. If you are eligible to retire on an immediate annuity, you can keep your health benefits coverage if you are currently enrolled in FEHBP and have been continuously covered for at least five years. Note: You are considered continuously covered even if you were enrolled in the program when you left government and re-enrolled…