Q. I am a 12-year (1987-1999) Air Force veteran who got medically retired with full benefits. I have been with the federal government since 2006 in FERS. If I bought my military time back, how would that affect my medical, ID card, and all the perks of being military retired?
Browsing: FERS annuity computation
Q. I am 60 years old with 33 years of federal service. I would like to retire next year, but under FERS, I would have to stay until I am 62 years old to get the additional 0.1 percent annuity incentive. Is there another way to achieve my goal?
Q. I am age 62 with 33 years of federal service. What is the best source for calculating my benefits?
Q. I was a federal employee from 1993 to 2001. When I separated, I withdrew my FERS contributions. I am now contemplating re-entering the federal workforce and have read about the redeposit option. However, I read an Office of Personnel Management guidance memo that implies that redeposit is only applicable for FERS employees who separated after October 2009. What are my options? Can I buy back time in service?
Q. I was hurt on the job as a federal worker. This injury has forced me to take a FERS disability retirement as I cannot perform my function. When I turn 62, do I lose my disability pay and must I rely on what normal retirement I would have had (not enough to live on)?
Q. I retired from the Veterans Affairs Department in 2001 after 23 years of service. I joined as a rehired annuitant in 2006. My annuity was deducted from my salary. I am thinking of retiring again in 2014. I will have eight years of additional service. I know I can request a recomputation of my total annuity. Can I keep my original annuity and opt for supplemental annuity for the eight years of additional service?
Q. I served 15 years in the Air Force. I started work at the Veterans Affairs Department after that, part time (50 percent) at age 38. I bought back my military time (15 years). When I retire at my minimum retirement age, I will have 34 years, including my military time (19 years FERS part time and 15 yrs active-duty USAF). How will my retirement be calculated?
Q. If my agency offers me a buyout, what does it mean to me? I am 54 years old. I will reach my minimum retirement age on Jan. 19, 2016. I have 23½ years of service under FERS. My agency is going through a big reorganization. Would you explain to me what it means to my retirement if I’m offered either of them? Will I be able to retire with no penalty?
Q. I worked for the federal government as a civil servant from 1984 to 1989, when I resigned as a GS-13 to take a private-sector job. I am now considering a return to government service at the same grade/level as when I left. 1. Will the five years I worked previously be credited toward my retirement (anticipated in 2018) for a total of 10 years of service? I was under FERS for my previous five-year employment. 2. Will my vacation be reinstated at the same rate (hours per pay period) as when I left federal service? I believe I was…
Q. I recently received a letter from the Office of Personnel Management that I had gone over the 80 percent limit, and my FERS disability retirement was discontinued. OPM has quoted two different salary figures and different “earned income” in three letters that I received from them. Can you please help clarify as to how to calculate correct 80 percent limitation? Do you report net income under self-employment or gross? Does your earned income includes FERS retirement annuities?