Q. I will become Medicare qualified as of April 1. Is it possible for me to suspend my coverage? If so, are there any penalty/requirements? Is there a waiting period to get back in to the plan?
Q. Do I have to be on active federal service to apply for retirement? In other words, can I resign from my current GS job, not work and check the “retired scene” for a month or two (i.e. take a break), then apply for retirement if I so desire, but keep the option not to retire and apply instead for another job if I find not working to be boring? And if my decision is to go ahead and retire, are there special requirements? How do I apply for retirement if/when I am not on current register?
Q. I am 52 years old, 25 years in FERS, potentially being offered a Voluntary Separation Incentive Pay. If I do the VSIP, I will be employable at my current salary outside the government. If I take the VSIP, can I carry my Federal Employees Health Benefits into retirement if I pay for it? Can I delay collecting my retirement until age 62 and carry my FEHB through to retirement?
Q. I am considering leaving federal service. I have 13 years of service. I’m 59. No problem getting deferred annuity at 62. But I wanted to know if I can still get a health insurance option?
Q. Reading some of the questions that are being answered, there is some confusion. Some say if you retire at your minimum retirement age, you will not be able to continue health care coverage, but you must wait to retire at 60 to be able to remain in program. Other answers have been you can have your health care coverage renewed when you reach 60 when you apply for your deferred annuity. Can you clear this up? If I retire at my MRA which is 56, will my health care coverage continue?
Q. I am a rural carrier under FERS. I am 58 with 22 years. If I defer my pension until 60 to keep from getting the 5 percent-per-year penalty under 62, can I still get my health insurance now?
Q. I am a retired letter carrier. My wife has been on my Federal Employees Health Benefits since my retirement four years ago. She is enrolled in a graduate program and receives health insurance through her university. Can I drop her from my health insurance while she is covered by the university and then add her again when she graduates?
Q. My husband has a rare syndrome, and his prognosis is only a couple years. He cannot be left alone during the day, and I cannot afford to pay someone to stay with him all day. I am age 50, and a GG-13 Step 7 with 15 years of government service (four years of active-duty time is included in this). Can I retire now (I am under FERS) and still keep my health insurance? What would I receive in pension, and what would be the cost of keeping my health insurance as I cannot afford to lose it due to…
Q. Are there penalties for leaving/retiring 22 months before I turn 55? I am CSRS with more than 30 years. Would I have health insurance? I’m thinking I would lose 4 percent of the full retirement.
Q. I have been told by the Office of Personnel Management that if I postpone my retirement until age 60, I would be penalized for every year I am under 62 and will not be eligible for the special retirement supplement. I am 59½ with more than 28 years in the Postal Service. Our facility is consolidating, and our jobs are at stake. I am a clerk and do not want a carrier position because of my health. I plan on retiring in February to reach my 60th birthday. If I don’t accept a carrier position, can I: 1. Take…