Q. I am 51 years old with 19 years of 6(c) coverage plus one year of federal non-6(c) coverage. Am I eligible for an early-out?
Browsing: Early retirement
Q. I’ve been an employee for more than 30 years. However, four of my permanent years were taken away from the law enforcement 20-year retirement. So I have 18.5 years of LE retirement. My age is 60. Is there talk of an early-out for National Park Service employees? I need to wait for the LE retirement to kick in as I would get almost twice as much in retirement.
Q. I am a FERS employee and have worked under a term appointment for more than 20 years. Would it be possible for me to qualify for voluntary early retirement once I have 25 years of service if my agency were to offer it? Does my term status make me ineligible?
Q. I will be taking an early-out on Dec. 31 and will be turning 60 in March. How much can I earn working another job, before my supplement is reduced? I am FERS and will have 26 years on Dec. 7.
Q. I have put in for retirement effective Sept. 30. I have been unable to work since March and will follow with a disability retirement request. I am a postmaster with 27 years of service and 56 years old. So, as of now, I will be taking a 35 percent reduction and not getting the special retirement supplement. Today, I understand an early-out is being offered. The offers will be sent out starting Sept. 16. Since mine is already in place, will I get the offer, or do I withdraw my current request and reapply?
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. I am 58 years old, with 24 years with Veterans Affairs Health Care System in the Midwest at GS-6. I have multiple health conditions including several brain surgeries and don’t understand all the nuances with retirement. I have been told I’m eligible to retire in December 2014 with full benefits but would like to continue working until I’m at least 62 years old. I understand I can keep my Federal Employees Health Benefits insurance and life insurance after retirement. I have heard rumors of Voluntary Separation Incentive Pay or buyout at $25,000. I think I have several options of…
Q. Does one need to be 50 years of age with 20 years of covered service to be able to retire? Or does a downsizing agency have the ability to waive the rules and permit employees within a year or two of being eligible to retire for the option of retiring early?
Q. I received a notice of directed reassignment outside my commuting area and must respond indicating my intention to accept or decline the reassignment. I’ve been advised that I am eligible for a discontinued service retirement without an age penalty but also believe that an early-out/buyout will be offered by my organization within the next few months. I’m prepared to accept the reassignment to wait and see if an early-out/buyout is offered. I want to make sure that I would remain able to later decline the reassignment and still take the discontinued service retirement if the early out/buyout isn’t approved…
Q. I am 52 years old with 32 years of service as a letter carrier in the Postal Service. Are early-outs offered at this time? If not, are there other options of retirement even with a penalty?