Browsing: EMPLOYMENT

Q. I am 49 and was wondering if I can retire at 52 with 20 years of Postal Service time even though my minimum retirement age is 56. If so, could I defer my pension until 60 and collect it then with a 5 percent penalty for each year before 62? Would I be eligible to continue my health benefits and collect the special retirement supplement until age 62 if I were to do that? Or would I have to use my MRA+10 computation to retire? If that is the case, would I then be able to continue my health…

Q. I am a CSRS re-employed annuitant. I retired in December 2007 with three months of sick leave, which was counted as time in service. I plan on retiring again with five additional years in service in December. My human resources department told me the sick leave should have been given back to me when I returned to work. It wasn’t, and my payroll department is trying to get it back. Should I get it back, since the sick leave was considered time in service for me?

Q. I will be 63 this month. I worked at the Postal Service from 1969 to 1981 as a letter carrier. I took the CSRS money out when I left in 1981. I worked in the private sector from 1981 to 1989. I came back to USPS in 1989, paid back the CSRS money and am now in CSRS offset. I have about 37 years in USPS and plan to work here another three years. Where can I find some info to help me decide whether to retire from USPS now and work in private sector or keep working at…

Q. If I meet my MRA+10, which will be age 56 and 24 years at the Postal Service, and defer my annuity until age 60, would I be able to keep my health benefits at age 56? If not, could I start receiving them when I hit 60? Also, can I receive Supplemental Security Income at age 60? If yes, how long until regular SSI kicked in?

Q. I retired from the Postal Service on Jan. 31. I am 60 years old and I took the Voluntary Early Retirement Authority. I received an $11,000 annual leave payment, and the $10,000 buyout. I also receive a widow’s benefit from Social Security of $9,000. Will this money be counted as earned income on my income taxes against the $15,120 limit? I also receive the special retirement supplement.

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