Q. I’m 50 years old, under FERS and have 32 years of service. I plan to retire at 56 with 37 years with the U.S. Postal Service. Will I be eligible to receive a supplement from OPM until I reach full retirement age? Is there money through USPS that I would receive?
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Q. I am under FERS and will be 61 years old in July 2016. I will have 25 years and 4 months of service under my belt. Will I still lose 5 percent for being under 62 years of age if I retire in July 2016?
Q. I am new to the federal government. What is the benefit of my retirement plan (FERS Code KF)?
Q: I’m a postal service employee and plan to retire next year, Are retirees entitled to cost-of-living adjustments?
Q. Where can I find the OPM document that contains information about FERS redeposits?
Did you work under either Civil Service Retirement System or Federal Employees Retirement System, leave government, withdraw your retirement contributions, and then come back to work for the government? If you did, when you retire your annuity will be reduced unless you redeposit that money, plus accrued interest. Should you make that redeposit or not? I’ll help you find the answer that fits your situation by explaining who is eligible for an actuarial reduction and how to find out whether that reduction is a better deal than making a redeposit. First, let me spell out the redeposit rules. CSRS and…
Q. With the Social Security supplement for FERS employees, I know there is an income limit at which this phases out. Is this income limit based on what you actual earn, or is it taxable income? For example, could I work and earn $20,000 and put that into my 401(k) plan, thus giving me no taxable income for the year, and still get my Social Security supplement up to age 62?
Q. I’m a FERS employee and have three years before a full retirement. I have been detailing into an EAS 17 position for 120 days at a time with a two week separation each time due to contract rules. Will my higher detail base pay count toward my average high-3?
Q. I’m retired from the military with 30 years. I have 7 years as a GS-14 and I am 59 years old. Can I get the FERS supplement?
Q. I am a FERS employee who plans to retire in May. Should I choose my official retirement date as May 28 or May 31? And if one is better than the other, why is that so? I have been told two different things regarding the date. One: It has to be last day of the month because I am FERS. Two: It needs to be last day of a pay period.