Q. Our Postal Service plant is going through a transfer of function. Jobs are being offered out of the area. If I refuse a position, I want to postpone my annuity until age 60 with more than 28 years of service. I have been told by human resources that if I postpone, I will not receive the special retirement supplement. Also, I will not continue Federal Employees Health Benefits during my postponement because of cost out of pocket but restart FEHB once my annuity begins at 60. Is this all possible?
Q. I am a 66-year-old FERS employee with 31 years of service and may be offered Voluntary Separation Incentive Pay in the next few weeks. 1. If I resign to get VSIP instead of retire, will I be eligible for unemployment benefits? 2. What is the timeline for date of departure once a decision is made? Next pay period? 30 days? Negotiable?
Q. My son-in-law is in his early 40s and is thinking about resigning after working full time for approximately 13 years. Is he entitled to any benefits such as health insurance, or partial retirement pay? Would the above answer in any way be altered if he continued to work part time?
Q. I celebrate my 25th anniversary with the federal government in February. At that time, I will be 58½ years old. If I were to resign and postpone my pension until 60 (my minimum retirement age), would I still receive the special retirement supplement when I file for retirement?
Q. My dad is getting ready to retire from the Transportation Security Administration with just over five years of service. He’s under FERS at age 57. Will he be able to continue his health insurance into retirement?
Q. I am a 45-year-old FERS employee with 10 years of service in the federal government and having Federal Employees Health Benefits from when I started, wanting to retire (at 45). Am I eligible for federal health insurance when I reach my minimum retirement age (58)? Or can I retire at 45 and rejoin the federal service (and take FEHB) at 56 or 57 and retire at 58 to get FEHB?
Q. I am a FERS employee and may have to postpone my retirement without suffering the age penalty. I am over 59 with 28 years of service. If I postpone my retirement until age 60 and do not carry the optional insurance that I will have to pay for plus 2 percent, would I still be eligible to restart my Blue Cross/Blue Shield coverage once my retirement begins. It will be almost six months that I will not have coverage. I have been enrolled in an insurance plan throughout my entire career. Also, if I am given separation papers involuntarily…
Q. I work for the Defense Department with 16 years of service. If the rumored next round of Voluntary Early Retirement Authority/Voluntary Separation Incentive Pay occurs (and I should be 57 by then), can I take the VSIP, not pull my FERS retirement contributions and apply for the discontinued service retirement at 62? If yes, does my sick leave still count for calculating the retirement amount? Is giving up the DSR a requirement for VSIP?
Q. I am 47 years old with 20 years in the Postal Service and am planning on separating soon. Will I be eligible to keep with my current insurance? How/where do I find how much more my premium will be? Will I get my 400+ hours of annual leave in a lump sum? How long does that take to process? (I can stay employed longer if the lump sum would still be applied to this year’s income for tax purposes.) Would I be eligible for any pension at age 59½? Would my seven months of unused sick leave count toward it?
Q. I am a GS-15 with eight years of service. My entire office (including my senior manager) is on furlough. After the start of the furlough, I was offered and accepted a position in the private sector. My new employer understands the holding pattern federal employees are in and is being flexible on my start date in the new position. How do I resign during the furlough? Whom do I contact if I am prohibited from using my access to my federal information technology resources? Is there any advantage to waiting until the end of the furlough?