Q. I am retiring Sept. 30. I have been continuously employed by the federal government since Sept. 21, 1981. I first worked for the Department of the Interior from Sept. 21, 1981, to Feb. 27, 1987. I was under FICA from Sept. 21, 1981, to Oct. 29, 1983, after which time I was covered under CSRS. I became employed by the Justice Department (law enforcement 1811) on March 1, 1987. I transferred to FERS on Jan. 3, 1999. I understand that service is calculated differently for service from Sept. 21, 1981, to Sept. 30, 1982, and Oct. 1, 1982, to…
Browsing: FERS annuity computation
Q. I was recently informed that I was a FERCCA and had an option to select CSRS Offset. I was also told that the 1 percent and matching in my Thrift Savings Plan would be removed if I selected CSRS Offset. My human resources office told me that it would be the exact amount that was put into my TSP. If it made money, I would be able to keep the difference. Likewise, if it lost money, I would have to make up the difference. So I selected CSRS Offset. Now they are beginning to remove the 1 percent by…
Q. I started government employment in 1984. A few years later, I left the government and cashed out the FERS retirement money. I then went back into government employment and started my FERS savings again. Can I buy back what I cashed out to add/restore number of years in service lost for retirement computations?
Q. I work for the Postal Service as a mail carrier under FERS. Due to an on-the-job injury, I am receiving workers’ compensation. Can I also get Social Security disability (it is already approved), while receiving workers’ comp?
Q. I receive military retirement pay for 21 years of service in the Air Force. I started working a job as a federal civilian employee (GS-9, Step 1) two months ago. I have not bought back my military time yet. I am 41. If I continue to work as a federal civilian for another 20 years and buy back my military service, it would give me 40 years. Does my combined retirement/annuity add up to more than if I wouldn’t buy back my military time, keeping my separate military retirement check and my separate FERS annuity check?
Q. I am a postal employee who was hired under CSRS in 1983 but switched to FERS when it was offered in 1987. At that time, I was refunded the money I had put into CSRS between 1983 and 1987. How does that affect how my FERS annuity is computed? Can I buy back those four years, to make my annuity higher when I retire?
Q. As a Federal Aviation Administration air traffic controller, if I am medically retired with 18 (good) years but did not get to the required 20, when I reach age 62, will my 18 years be paid at 1.7 percent and not 1 percent?
Q. Can you tell me if I would get a full 48 percent when I retire at age 57 from 6(c)? I started working with the federal government as a non-law enforcement officer under FERS in 1997 and continued for 12 years (12 percent). In 2009, I was hired into a position that is 6(c) and plan on retiring at 57 with 36 percent. When I retire from my 6(c) position, will be able to draw on the fed 12 percent, or do I have to wait?
Q. I worked for nonappropriated fund for three years and received a business-based separation in 1993. I went to work for appropriated fund within two weeks of my separation. I started as a temporary GS-5 and then changed to VRA. Why does this time not count toward my retirement?
Q. I am retired from the State Department. I am being rehired under a personal services contract. Will this affect my retirement annuity?