Q. My husband will be retiring for the Postal Service in November. Should he get a spousal annuity for me, a CSRS employee who will be retiring in 2016? Will I be eligible to draw Social Security benefit from his retirement and my CSRS retirement upon his death?
Browsing: annuity reduction
Q. I’m a FERS employee. If I take the Voluntary Early Retirement Authority that is offered now at the age of 56 with 25 years, will I be penalized anyway?
Q. Husband, age 54, is retiring under Voluntary Early Retirement Authority on Dec. 31. He has 31 years with the Postal Service under CSRS and three years with the military and did not pay back his military time. He has 19 quarters earned for Social Security. He does not intend to earn the full 40 quarters of Social Security prior to age 62. If he earns the full 40 quarters after age 62 — say, at age 64 — what will happen?
Q. I retired from civil service in 2011 at age 62. In November, I turn 65. I get a retirement annuity from civil service (33 years), along with a reduced railroad retirement annuity (10½ years). My insurance is with GEHA, which we have kept. Last month, I received a Medicare card from the railroad retirement board, but so far nothing from the government. I cannot figure if I have to apply for the one from civil service or rely on the railroad card. I assume they would have the same Medicare number. Should I be concerned the government has not…
It’s that time of year when employees start asking, “What’s the best date to retire?” Well, there isn’t a single date that’s best for everybody. Still, there are some dates that are better than others. I’ll explain why. Time of month The rules governing the time of month to retire are different for CSRS and FERS. FERS employees have to retire no later than the last day of a month to be eligible for an annuity payment in the following month; CSRS employees may retire up to the third day of a month and be eligible for an annuity in…
Q. I have 15 years of federal service and would like to do an early retirement with MRA+10. Would I have to take a reduction in my Thrift Savings Plan, or just my federal retirement only?
Q. I am a government worker under CSRS Offset. I was told that I cannot keep working as a government worker full time and draw Social Security at age 66. Is this correct?
Q. My fiance is a retired federal government employee under CSRS. We are getting married this month, and he would like to add me as his wife to his insurance. However, when we called and asked about the monthly cost of adding me (I have never worked for the federal government), we were told his premiums would jump from approximately $155 a month to $450 per month because I have never worked for the government. Is it correct that what we pay for insurance can climb by a huge amount because I never worked for the government, or would the…
Q. I am in FERS in a law enforcement officer position. I was born in 1970. I joined my agency when I was 30 (Feb. 1, 2001) so I am eligible to retire when I have 20 years of service and turn 50 (Feb. 1, 2021). The mandatory retirement age is 57. If I were to retire at age 50, can I receive the special retirement supplement then, or do I need to wait until I turn 57 (what would have been my mandatory retirement age). If I receive the supplement at any point prior to age 57, what is…
Q. When I retired in 1985, I elected to take the survivor benefit. My wife died in September 2006. I then elected to take my full annuity at about $69,000. My current annuity is about $78,000. I remarried one year ago. I am 86, and my wife is 71. How much will it cost me to renew the survivor benefit for my current wife? Can it be paid in a lump sum, or is it subtracted from my annuity? Can you please give me a form number to download?