Q. I will retire Sept. 30, and I saw an article that you could sell your retirement if you work for the federal side, but what is the advantage of this? I’m wondering if receiving two paychecks is better than one. When you retire from federal work, would your retirement check increase because of selling your military time?
Browsing: FERS annuity computation
Q. I worked as a law enforcement officer for more than 13 years before I was medically disqualified for my position and was awarded disability retirement. I am three months from turning 62. Will my regular retirement computation include the 13 years as an LEO at 1.7 percent since I paid an additional 0.5 percent into the FERS retirement system? Does the amount for credible service include the time receiving disability retirement? I have read the years on disability are computed at 1.1 percent if retirement begins on or after age 62 with 25 years of credible service. Is this…
Q. I am under the FERS retirement system. I plan to retire in December of 2015 with an effective date of Dec. 31, 2015. Would this be a good retirement date, or do I need to wait until Jan. 1, 2016?
Q. I am a FERS employee and have 30 years of federal service. I’m 58 years old. How much should I expect for my retirement? My high-3 is $42,000.
Q. I will be retiring in April 2016 at 62 years old with 29 years as a FERS employee. How soon after should I start receiving my pension?
Q. I accepted early retirement in 2011 when I was 52 years old and had 20 years of service (FERS). When can I get the special retirement supplement?
Q. Can you discuss the Special Retirement Supplement as it applies to a federal retiree between the ages of 56 (MRA) and 62, and dependent children under the age of 16 years and two months during that period? Is it true that the computation may be increased to 1.5 percent of the amount one would receive without dependent children, for example, the standard calculation?
Q. How is the additional annuity calculated after you have passed 41 years 11 month of service?
Q. I am currently employed as a Defense Department civilian. I have approximately 16 years of federal service, with 13 years working in a law enforcement position. I am considering retiring at my Minimum Retirement Age with over 20 years of service. Since I contributed more toward my pension under the LEO system (1.3 percent versus 0.8 percent), will my FERS retirement be calculated using two different systems (LEO and regular)?
Q. I have been a FERS employee since June 1986. I also have seven years active duty that I have paid back for retirement. Does the seven years also count toward creditable civilian service or only the 29 years I currently have? And if I retire in June 2016 after I’ve turned 56 years old, would I only have 30 years of creditable service to determine the annuity supplement, or would I have 27 years?