Browsing: High-3

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 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.…

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