Q. I’m a 58-year-old FERS retiree who worked as a GS-1811. Can I be rehired as a GS-391? A. Yes, if you meet the qualification requirements. However, as a rule the salary of your new position would be reduced by the amount of your annuity. On top of that, your special retirement supplement would be reduced or stopped because of the annual Social Security earnings limitation. In 2019, that limit is $17,640.
Q. In 2005, I resigned from my position as a civil servant and didn’t ask for a refund of my retirement contributions. At the time I was 51 and had 24 years of service. Do I have any options in order to receive a retirement benefit based on my 24 years of service? A. Because you have at least 20 years of service but fewer than 30, you can apply for a deferred annuity at age 60. That annuity will be based on the average of your highest three consecutive years of basic pay and your total years and full…
Q. I retired as a Department of Defense employee with 30 years and 8 months of CSRS. I am 71 years old. I want to return back to work at the same office with a lower GS position. Let’s say GS-4 or 5. I retired as a GS 9 step 10. How will my retirement pay be affected?
Q. What happens if your area’s locality rate increases and you are retired? Will you benefit from the new locality rate as long as you are receiving it from the same area? For example, Norfolk is supposed to have a locality rate change. I retired in 2016. If the locality rate changes, will I receive more retirement?
Q. As a federal employee, how will my insurances and leave accrual be impacted if I go part-time? If I stay employed in a part-time status, will my service years accrue year-for-year or will it be prorated based on hours worked?
Q. I’m not sure I’m tracking with the explanations of how part-time employment impacts retirement. I plan to retire at age 62 with 10 years of government service. I may have an opportunity to forego retirement and work three days per week with the same agency. If I choose to accept that offer, how will it impact my retirement?