Q. I worked for the Postal Service from 1982 to 1996. I left and have been employed for the last 10 years at a small business. I am 52 years old. Am I entitled to retirement benefits?
Browsing: Deferred retirement
Q. I am a military reservist with more than 20 reserve and 17 active years. I was hired into GS about six months ago. I have calculated my military buyback and am prepared to buy it back (roughly $18,000). My breakeven is about 17 months after I retire at age 62 for the $18,000. So it is definitely worth it. I am considering going back to the private sector, where I should make at a minimum 1½ to two times what I make as a GS employee (I work in the IT field). I have crunched the numbers and the…
Q. I am considering leaving federal service. I have 13 years of service. I’m 59. No problem getting deferred annuity at 62. But I wanted to know if I can still get a health insurance option?
Q. I have 18 years of federal service under FERS and am 51 years old. If my agency rates me unacceptable and removes me for inability to perform, would I be eligible for discontinued service retirement? Would my annuity be postponed until I reach an older age?
Q. Reading some of the questions that are being answered, there is some confusion. Some say if you retire at your minimum retirement age, you will not be able to continue health care coverage, but you must wait to retire at 60 to be able to remain in program. Other answers have been you can have your health care coverage renewed when you reach 60 when you apply for your deferred annuity. Can you clear this up? If I retire at my MRA which is 56, will my health care coverage continue?
Q. I resigned from a federal Series 1811 law enforcement officer position several years ago. The resignation from federal employment was prior to obtaining 20 years of service and while I was younger than 50. The mandatory retirement age for my position is 57. At what point can I apply for the deferred annuity payment, and will that payment be reduced by 5 percent for each year that I am younger than 57? Also, how do I apply for the annuity? Whom do I contact — the Office of Personnel Management? My agency? And will I need to supply any…
Q. I worked for 12 years under the old CSRS and left the government in 1984. Am I still able to draw retirement under CSRS? I will be retiring in five years from the state of California. I had Thrift Savings Plan contributions, which I withdrew.
Q. Are there any benefits available if one leaves federal service early — 15+ years but two years shy of their minimum retirement age?
Q. I am a 43-year-old FERS employee who just completed my 20th year in a covered law enforcement position. I understand the 25 at any age/20 at age 50+ rules. I also understand that I may transition to a nonlaw enforcement position for the next five years and retire at age 48, or simply continue working until age 48 and retire with 25 years of law enforcement. However, at this point (age 43 with 20 years), if I retire and apply for deferred benefits, will those benefits be available when I turn 50, as 50 is the minimum retirement age…
Q. I am in the Department of the Interior Bureau of Reclamation. I will have 30 years of federal service on Feb. 2, 2016, and will be 60 on Jan. 24, 2016. My minimum retirement age is 56. The Office of Personnel Management’s Web page says if you retire before 30 years service or MRA, your pension is reduced 5 percent for each year unless you have more than 20 years service and your benefit starts at age 60 or later. Does this mean that if I retire at age 59 but defer pension until I am 60, my pension…