Q. My husband is 66 years old and retired last year with full Social Security benefits. My daughter is receiving Social Security benefits until she graduates from high school at age 18. I was told that had my salary not exceeded the maximum amount allowed, I would also receive some benefits until my daughter turns 18. I am 54 years old, a federal worker under FERS with 23 years of service. My office is going through a major reorganization. I understand that if I am offered an early retirement, I will have immediate annuities without the 5 percent reduction each…
Browsing: Early retirement
Q. I was a CSRS clerk who got injured off the job. I have 29½ years and am 53 years old. When I turn 55, can I convert to regular retirement? (I am currently on disability retirement.) And can I take an early-out if one is offered?
Q. I retired a year ago with 28 years of civil service. I took an early-out, so I was 48 years old at retirement. My minimum retirement age would have been 56. Do I have to wait until I am 56 to receive the special retirement supplement? Is there any Social Security supplement I can receive now?
Q. My husband retired from the federal government a year and a half ago with 40 years of service. I am age 59 and employed by the commonwealth of Virginia. If I take early retirement through Virginia Retirement Service, can I draw on his retirement since I am not 62 and cannot draw Social Security?
Q. I am 53 on disability retirement under CSRS. I have 29 years and six months. When I turn 55, can I convert to regular retirement? Also if the Postal Service offers an early-out, am I eligible?
Q. I am 60 years old with 33 years of federal service. I would like to retire next year, but under FERS, I would have to stay until I am 62 years old to get the additional 0.1 percent annuity incentive. Is there another way to achieve my goal?
Q. I am in CSRS Offset and I will be eligible to retire with an annuity and possible early buyout at age 50. I received my benefit estimate report, which has a monthly Social Security offset amount. Is this amount what I will get in addition to my annuity when I am 62? I also see that if an employee decides to delay receiving Social Security benefits until after he or she turns 62, the CSRS benefit would be reduced even though the employee might not be receiving the Social Security benefit? Is that correct?
Q. If my agency offers me a buyout, what does it mean to me? I am 54 years old. I will reach my minimum retirement age on Jan. 19, 2016. I have 23½ years of service under FERS. My agency is going through a big reorganization. Would you explain to me what it means to my retirement if I’m offered either of them? Will I be able to retire with no penalty?
Q. I have 21 years in with the Postal Service and will be eligible to retire in four years at age 60 with no penalty. If an early-out is offered, how much money would I be losing in my pension either monthly or yearly by taking it rather than waiting out the four years?
Q. I have worked under a term appointment for more than 20 years. Will it be possible for me to qualify for Voluntary Early Retirement Authority once I have 25 years of service?