Browsing: DOWNSIZING

Q. I was terminated in January 1997 for insubordination. I refused to transfer $90,000 I had the authority to transfer. I filed an appeal to MSPB. The agency changed its mind and allowed me to retire in March 1997. I was only 53 years old with 25 years of service. I received immediate federal annuity. Am I correct in assuming that I wasn’t eligible to receive immediate retirement benefits?

Q. I am a retired annuitant, and I will be retiring for the second time. Does this constitute a retirement or a resignation? I have worked for six years, and I have been receiving my full benefits without an offset. Am I eligible for a recomputation of years of service?

Q. In an article entitled “Calculating CSRS, FERS annuities,” you indicated “that you could also retire early at age 50 with 20 years of service, or, if you have 25 years of service, at any age. I have 27 years and four months of service and I am 50 years old. Am I correct to understand that if I retire now, there would be no age penalty?

Q. My agency sent out applications to apply for VERA/VSIP. I am 57 years old (MRA is 56). I have a almost 34 years creditable service. With my sick leave it will be almost 35 years. Will I be VERA or VSIP? Is one better than the other, or do I even have a choice?

Normal 0 false false false EN-US X-NONE X-NONE /* Style Definitions */ table.MsoNormalTable {mso-style-name:”Table Normal”; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-parent:””; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:”Times New Roman”,”serif”;} Q. When I ETS from the Army, I was allowed 30 days of terminal leave with the remainder of unused  annual leave a forced buyout. I had been unable to take leave due to the needs of the Army. Because of that I lost almost a month of BAH, specialty pay, etc. I was told at that time the federal government cannot force more than one buyout of unused…

Q. I have 14 years and 8 months of active Army service. In 1993, when Regan was initiating draw down of troops and instituted SSB (Service Separation Bonus), I received a Service Separation Bonus in 1993’s drawdown of $40,000 before taxes and separated from the Army in Sept. 1993. In June 1995, I entered the federal service as a full time Civilian Government Employee working for the Army Material Command where I work today. At the end of this month, I will have 18 years and 9 months as a federal government worker. I am currently 56 years old. Would it be more beneficial to…

Q. I received an “early-out/buyout” in 2005 with 24 years (FERS) of service prior to my minimum retirement age. I was age 46 at the time. I am currently receiving social security disability income. Will I be eligible to receive a FERS annuity once I reach my minimum retirement age (MRA)? Will I still be able to collect social security disability income? Or if when I reach my MRA, can I collect the FERS Special Supplement and the social security disability income?

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