Browsing: Early retirement

Q. I would like to retire in 4 years with 25 years in a position that falls under 6c. I retired at the age of 49. I’m interested in full-time work in the private sector. How would that affect my 6c enhancements supplement through the Office of Personnel Management? Would there be a limit on the amount of money I can make? Will my supplement be reduced?

Q. I know that when you receive your check for unused annual leave (assuming you retire in December), it will generally include any scheduled raise slated for the next year. My understanding is that it is caused by the annual leave check covering the rate of pay for the period of time cashed in. So if the amount of annual leave exceeds the amount of leave you are permitted to carry over without losing that leave, for example in the year before your retirement, you take no annual leave and therefore have accumulated 448 hours of leave as of the date of…

Q. I was born in 1959, so my MRA age is 56 with 30+ years of service. I turn 56 on Oct. 10, 2015 (which is a Saturday) and I will have 31 years with the USPS (FERS). My master file says I’m eligible to retire on Oct. 9. What is the correct date of retirement? I don’t want to retire on that Friday, Oct. 9, only to find out I retired one day too early.

Q. I am a 62-year-old FERS employee. Can I retire with my FERS annuity and TSP and wait until my full retirement age of 66. I do not plan to work  after I leave. A. Yes, you can wait until your full retirement age, however, your Social Security benefit will be based on the amount you were entitled to when you retired.

Q. I retired last year under FERS at age 56 with 28 years and seven months service. I took an early out. I would have had my full 30 years in January 2015. I applied as a rehired annuitant this month with the same agency and everything looked like I was going to be hired, but the manager called and said I didn’t qualify for the annuity offset waiver because I had taken an early out, and they were only allowed to hire those people who qualified for the waiver at this time. Is it true that if you take…

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