Q: How soon can I return to federal service after taking a $25,000 buyout? I am a federal employee, GS-14. A: Five years. If you return before that, you’ll have to repay the amount you received plus accrued interest.
Browsing: Re-employment
Q: If a person retired as a GM-14 supervisor under the Civil Service Retirement System, can that person be brought back as a rehired annuitant in a supervisory position? A: There is nothing in law or regulation that would prohibit that; however, you’d need to check with the agency that is considering hiring you to see whether there is a policy that would prevent such an appointment.
Q: I have been a full-time Federal employee for 37-plus years under the Civil Service Retirement System. I am considering retiring by year’s end and working on a part-time basis (64 hours per pay period) for the next six to eight months. Will this affect my monthly retirement annuity calculation? A: Yes, it will. However, the shorter the period of part-time service is, the less its impact. You’ll find the formula used to compute an annuity with part-time service on the Office of Personnel Management website here (scroll down to Section 55B2.1-1). Although this section refers to Federal Employees Retirement…
Q: I am a firefighter/law enforcement retiree under the Civil Service Retirement System. I have been retired for seven years and am interested in returning to work. A local federal agency is interested in having me work for them in a seasonal position as a GS-4. I would work from approximately May to October and would receive no benefits, as these types of positions/employees are not eligible for health insurance or retirement benefits. I would be paying into Social Security, which I am currently not collecting. The agency cannot seem to get a clear answer as to if it would…
Q: I work for the Treasury Department and have 28 years of federal service. I plan to retire in December because I will have reached age 57. I am seeking federal employment (non 1811series) and am unclear as to how my retirement/salary would be affected if I took another federal job before retirement, and what would happen if that other job was again with treasury. A: Generally, federal employees, civilian and military, are prohibited from receiving pay from more than one Federal Government source. The laws on dual employment apply to agencies in the executive, legislative and judicial branches, corporations…
Q: I worked for the federal government for 13 years as a civilian contractor for the Army, from 1981 to 1994. I just returned to work for the federal government as an auditor in May. I took a lump-sum payment when I retired in 1994 and would like to buy back into the retirement system. What forms do I need in order to do this? To complicate matters, I am a veteran. I was in the Army from 1959 to 1962. A: Because you took a refund of your retirement contributions after March 1, 1991, you’ll have to redeposit that…
Q: I worked for the government, from 1974 to 1979, and when I left I withdrew my CSRS retirement money. I returned to the government in 1982 and plan on retiring with 35 years (CSRS) of service in July 2011. For those five years, if I do not repay the retirement money, can you tell me how much I will be penalized? I did not understand your response from the article ‘CSRS retirement money payback,’ dated Dec. 13, which read: If you make a deposit, your annuity when you retire will be increased by approximately 30 percent (2 percent times…
Q: I’m over 50 years old and in a Federal Employees Retirement System law enforcement position with more than 22 years of 6(c) covered time. I am considering retirement. I also have more than 30 years in the National Guard and will draw a reserve retirement before age 60. Once I am retired and receiving my federal annuity, can I then accept a GS-grade position with the National Guard without affecting my annuity? A: No.
Q: I retired at age 52 under a Federal Employees Retirement System law enforcement (1811) retirement. I am now 55 and am employed. I generally understand the earnings test that will apply to my FERS supplement beginning the year I reach my minimum retirement age, but I am not clear how it is calculated the first year. I will reach my MRA in 2011 at the age of 56. Are my earnings for the entire year of 2011 calculated, or do they only calculate the earnings after I turn 56? I have not been able to get an answer from…
Q: I am a retired Civil Service Retirement System annuitant with 32 years of Defense Department service. If I accept another civil service position (DoD or otherwise), what are the pay limitations? In my case, what is the pay cap for San Diego, under the 2011 pay scale? Would my pension be considered as part of a total compensation package (Level 1 cap), or part of pay only (level IV cap)? Also, is consideration as a re-employed annuitant feasible? I understand pay-cap limitations are considerably less stringent, but the DoD guidelines are extrememly difficult for the hiring agency to…