Q. I am a state worker in Ohio who is considering employment at the Veterans Affairs Department. I have 9½ years of state service time. Can this state service time be converted to federal service time if I were to gain employment at VA? I also have five years of state service time that I can purchase through a state university I taught at while obtaining my graduate degree many years ago. Can this time, if purchased, be converted to federal service time? Is there any type of program available to aid federal workers (e.g., VA employees) with financial help…
Browsing: FERS annuity computation
Q. Can federal years of service in the 1970s be added to current state years of service toward retirement?
Q. I am 59 years old. I receive a civil service retirement from my former spouse, approximately $24,000 per year. I work in the private sector and have paid into Social Security for 40 years. I will be accepting a position in the federal government and plan to work for five years and pay the maximum I can into CSRS. I hope that, after five years, I am eligible for a small retirement from the government in addition to Social Security and my former husband’s retirement. Is this correct, or will there be caps to the amount that I can…
Q. I am 46 years old and coming up on 23 years of federal law enforcement service. Under our retirement calendar, we must retire at age 57. I could retire voluntarily at 49 with 25 years of service. I am considering a disability retirement due to a recent injury that has left my body, which has had many prior on-the-job injuries, racked with pain, and I can no longer perform my job. Will the following years that will count into my federal total time in service, once on disability retirement, continue until my 57th or 62nd birthday under normal retirement…
Q. I’m a federal civilian FERS employee. I’m 54 years old and will be 55 in March. Now that I’m almost at the 30-year mark and with my minimum retirement age around the corner, I recently sat down with my retirement adviser to figure out my annuity computation numbers for retirement. My service computation date is Jan. 28, 1984. While there, I found out that I was on a not-to-exceed appointment until June 10, 1984. I filled out a request for civilian deposit/redeposit application. I found out that I had owed $48 during that time and now I owe $287 with…
Q. I am a FERS employee who will be retiring in June with 30 years at age 56. I understand that my 10½ months (1,759 hours at present) of unused sick time will be added to my annuity. I also understand that at my salary of $56,810, my monthly annuity with almost a year of unused sick time is only an additional $40 per month. Am I correct, or am I missing something?
Q. I got my first federal permanent position in January 1986 and was put in CSRS Interim. I should have been put in FERS in 1987 automatically, and I also elected FERS explicitly. For 1987, I was erroneously put in CSRS. For 1988 forward, I’ve been in FERS correctly. What happens if I get the 1987 error corrected? I’ve seen lots of info about this situation for people who are covered by the Federal Erroneous Retirement Coverage Corrections Act, but I’m not. I wasn’t in the wrong plan for long enough.
Q. I am eligible to retire under FERS now that I am 56 years old and have 28 years of service with the Veterans Affairs Department. If I were to retire under FERS disability instead, would I still receive the special retirement supplement that accompanies regular FERS retirement? Also, would my five years of military service be taken into account for FERS disability if I have paid my military deposit into the system?
Q. Will a 54-year-old FERS employee leaving government service with 600 hours of accumulated sick leave lose the sick leave when he files for deferred retirement at age 62?
Q. I have been on disability retirement from the Postal Service since October 1988. I am 56 years old (57 in March) and would like to inquire as to my options to retire under MRA. Also, can I receive a ballpark estimate of how much I would get (monthly/yearly) and all other pertinent information? I believe that I read on the Office of Personnel Management’s Web page that it would be 1 percent of my high-3 income while at the post office, but I am not sure how to do this calculation. If this is an option for me to…