Q. I quit the U.S. Postal Service after working 14 years for them. Am I entitled to any sort of pension from the USPS when I turn 62 or 65? A. Yes, if you didn’t ask for a refund of your retirement contributions when you left. Regardless of whether you were covered by CSRS or FERS, you could apply for an annuity at age 62. If you were covered by FERS, you could also apply for an annuity when you reach your minimum retirement age. MRAs range from 55 to 57, depending on your year of birth. However, if you…
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Q. I was terminated from the U.S. Postal Service under FERS after 20 years of employment at the age of 45 (birth year 1965). At what age am I eligible to receive my pension benefits? Also, how do I calculate how much I will receive?
Q. I have around 13 years active Army and three years Army National Guard time total. I was a sergeant when I separated in October 2011 from the Army. I just accepted a position at the U.S. Postal Service. How much will it cost me to buy back my military time, or is it even worth it? Would that mean I now would have 13-16 years with the post office counting toward my retirement? Does buying time back do anything for your new or current pay grade in a federal job? Does it count toward leave accruals?
Q. I retired from the Air Force with 25 years of service and am collecting an active duty (Title 10) military pension. I also have a service-connected Veterans Affairs disability for time served in Iraq. Currently, I am working for the U.S. Postal Service and contributing toward a FERS retirement. Can I buy back my active duty time for my FERS retirement? If so, can collect two pensions: FERS and Title 10?
Q. I have worked for the U.S. Postal Service for 12 years and have 935 hours of sick leave and 540 hours of annual leave. An opportunity for a city job has come up; do I get paid for my sick and annual leave if I resign?
Q. I served six years active duty with the Navy and 16 years with the Air Force Reserve. I bought back the six active years, as I am employed with the U.S. Postal Service. I retired from the Air Force Reserve back in 2011. How does the buy back help/hurt my military reserve retirement pay when I am 65?
Q. I retired with 30-plus years of federal government service. If I accepted a job with the U.S. Postal Service, will my retirement continue? I’m curious because the Postal Service branched off from the rest of the civil service agencies. A. Yes, your annuity would continue. However, the salary of your new position would be reduced by the amount of your annuity. While the U.S. Postal Service is an independent agency of the federal government, all its employees are covered by the same retirement system as other government agencies.