Q. I am a 59-year-old who retired from the federal government in 2011 after 25 years of service. I entered on duty at age 32 and retired under FERS Special. I received a notice from the Office of Personnel Management that my supplemental annuity will now be decreased since I earned more than $14,500 last year. Someone told me that this shouldn’t be reduced since I’m not yet age 62. Which is correct?
Browsing: FERS annuity computation
Q. Can sick leave credit be used to retire earlier than 62 yet receive pension credit as though I had retired at age 62? In other words, can I retire at 62 minus sick leave credit and still receive 1.1 percent x average high-3?
Q. I work for Congress and have just over 26 years of federal service under FERS. I will be turning 51 years old at the end of this year. Can I retire early and defer my FERS retirement without penalty and work another job as a contractor until I reach age 62, then completely retire and start receiving my benefits? Also, will I be eligible to continue to receive my Federal Employees Health Benefits if I retire at the end of this year?
Q. I have three years of active-duty time while in the Army Reserve and I am in the process of having the Office of Personnel Management and Defense Finance and Accounting Services verify that time for retirement purpose. I became employed as a DA civilian in June 2005. My plan is to buy back the three years of active-duty time and have that time apply toward my civilian retirement. When I reach age 60, I am eligible to draw my Army Reserve retirement pay (based on my total points). When I retire as a DA civilian, will I lose my…
Q. I am a 58-year-old Defense Department civilian GS-13 with 25 years. I am trying to decide when to retire in the next year or so. What will be the benefits if I wait and there is a reduction in force next year? Is there any risk that retirement benefits will be reduced if I wait?
Q. I am 59, turning 60 in December. I have eight years and one mo of credited military time (I just bought back my retirement) and have almost three years as a civilian employee. When would I reach a point where I could expect a minimum retirement?
Q. I am 57 years old and work for the Defense Department. At age 60, I will have 26 years under FERS. I would like to retire at age 60 and draw my federal pension. Would I be able to work for another nonfederal government agency (say state, county or city) without affecting my federal pension?
Q. I was employed in federal law enforcement with 6(c) status for 19 years under FERS. My agency closed my post of duty and gave me no option other than to move 300 miles or leave the agency. Due to family reasons, I resigned. A few years later, I returned to federal law enforcement, but not with 6(c) status. I now have over 25 years of total federal service. I was informed that if an agency closes a duty location and can only relocate a person outside the commuting area, and a person leaves 6(c) status, those years (6(c)) are…
Q. I started working for the government on May 5, 1986. I am covered under FERS and would like to know if I would be eligible for the special retirement supplement if I plan to retire in August 2014. I will have turned 59 years old on July 24, 2014, and will have worked 28 years. If not, when would be the earliest date I would be eligible to receive the SRS prior to Social Security benefits at age 62?
Q. I am 51 years old with 19 years of 6(c) coverage plus one year of federal non-6(c) coverage. Am I eligible for an early-out?