Q. I have worked for the Postal Service for 20 years under FERS and planned on retiring next year. My husband retired several years ago from the Postal Service under CSRS. Will I be able to collect my full Social Security benefits, or will I be subject to the WEP? I have heard conflicting statements.
Browsing: FERS annuity computation
Q. When do you get the 1.1 percent calculation? I will turn 62 in January 2016. If I retire in February of that year, would I get the 1.1 percent, or would I have to finish out that year?
Q. I am 55 and worked 19 years with the Postal Service under FERS (from age 26 through 46). I have worked other jobs in the past and up through a few weeks ago. Can I start drawing my pension from the Postal Service? I realize it would be at a lower rate than if I waited until I was older.
Q. I’m a 66-year-old FERS employee. I have 33 years of creditable service and have paid back seven years of military service. I can retire with a disability. I have rheumatoid arthritis and take chemotherapy. Which will earn me more retirement money: retire with a disability or regular retirement?
Q. I had seven years of active military service prior to starting my civil service job as a firefighter. Am I eligible to buy back the military time to use toward my retirement?
Q. I’m a FERS employee. What would be the best date for me to retire if I turn 60 on Dec. 4, 2014? The end of December? (31st) Or wait until the end of the leave year in January 2015?
Q. I retired as a FERS employee. I worked for the federal government for 32 years. The last 12 years, I switched to FERS and paid Social Security. I was under the impression that I would receive my full Social Security once I applied for it, without the windfall elimination provision. Is this correct?
Q. I will have 33 years of federal service when I reach my minimum retirement age of 56. Nine of the 33 years are military buyback years. Do I meet the eligibility required for the FERS special retirement supplement between 56 and 62 years of age?
Q. I’ve been a federal employee since 2010. I recently paid off my military buyback. I’m eligible for retirement through the Army Reserve. My human resources person just told me that if I retire from the Reserve, all the buyback time I have toward my civilian retirement (leave accrual, step increases, etc.), I lose all of that. In other words, I should not have bought back my military time because I cannot receive military reserve retirement and apply that time to my federal civilian service. Is that true? If so, can I get back the money I put into the…
Q. I will have 25 years under FERS once I complete the buyback of my military time and 15 years of federal time at age 56. Is it true that I have labored under the misconception of the 80 rule all these years? When I was hired, this information was in my package. I can’t believe I have been looking forward to a full retirement just to hear I will lose more than 30 percent.