Q. Under FERS my average annual salary is $79,077. I’m age 64 and started working in 2012. I’m told that the earliest I can retire is age 62 and five years of service. When I retire, what would my retirement annuity be?
Q. I was forced to take a FERS Disability Retirement and was approved, but the Office of Personnel Management put me on regular earned rate retirement because I bought back my military time which then gave me 20 years of federal time and I just turned 60 years old. Should OPM not have counted my military buyback until age 62 when I would have converted over to regular retirement? I thought I would be getting 60 percent of my high-3 the first year then 40 percent the second year then go into retirement with 1.1 percent of my high-3.
Q. I am facing having to retire under a medical retirement. Effective this May I will only have a total of 9 years government service under FERS and I am only 52 years old and not eligible for regular retirement yet. What is the difference between a disability retirement and medical retirement and what would my annuity payment be based on? I was told I would receive 80 percent of my high-3. Is this correct?
Q. I retired on FERS disability at age 45 with 18 years of service. I am now 56. How and when will my disability be recalculated to a regular retirement? I also receive Social Security disability minus the offset for age. Will I get my full retirement and full Social Security benefits when I am eligible?
Q. I want to defer my retirement and get out at 50/20. It’s my understanding that if I wait until 60 to claim my retirement, I will retire with full benefits as if I had waited until the minimum retirement age of 56 years and 8 months. Is this true?
Q. I am 47 years old and have 22 years of federal service at the Department of Veterans Affairs. I am thinking about leaving the VA to pursue other career options. I want to defer my retirement and annuity until I am 62 years old. Will there be any penalty, and am I entitled to full retirement? Will I still be eligible for health insurance?
Q. How would 1,134 hours of sick leave be applied to my CSRS retirement? Currently I have 46 years and 10 months of government service. I am 62 years old. Can sick leave be credited toward my high-3 percentage. For example, instead of 80 percent of my high-3, Will I be entitled to get 1 percent added to my retirement income?
Q. I am in civil service with 40 years and 9 months, including two years in the military for which I’ve made a deposit. I also have one year and four months of unused sick leave. Do I qualify for the maximum 80 percent annuity? I now have allotments taken out of my pay stubs. When I retire, will they remain the same? I hope so because I don’t want them to change. If I get a full-time job in the private sector, will that affect my annuity? I’m eligible for Social Security. I’ve heard that if you work for only 180 days…
Q. I am in my 11th year of federal service under FERS with the Department of Veterans Affairs. I plan to take a break from federal service and accept a private sector job for at least two years; but I eventually plan to return to federal employment in the future. 1. Can I leave my TSP account unchanged for the interim, or will I have to roll it over elsewhere? 2. Once I return to a federal job, will I have to have at least five continuous years yet again to be eligible to continue my FEHB coverage when I retire? 3.…