Q. My wife is retired under CSRS and does not have the 40 credits to qualify for Social Security on her own. Can she qualify for Social Security benefits as my spouse? If she does, will the Social Security simply offset her CSRS annuity?
Browsing: annuity reduction
Q. I have no plans to retire until I reach my MRA+30. I will reach my minimum retirement age in 2017. I will not have 30 years until July 2, 2019, by which point I plan to have about 1,300 hours of sick leave. Can I retire around Jan. 1, 2019, and have my unused my sick leave to calculate out to 30 years of service with no penalty?
Q. I have left the government with 12 years of service and bought military time of 10 years. I am now 59 years of age. I am under FERS. Can I apply for retirement this year (I’ll be 60) to receive retirement pay without penalty? I don’t want to have pension reduced or penalized under 62. I was also in the Navy Reserve and got activated for almost a year. I heard that my retirement age would be reduced 90 days. Does that mean my retirement starts three months before my birthday? My birth month is September. What month can I apply?
Q. I am CSRS Offset. It is my understanding that when I apply for Social Security, a portion of my CSRS Offset retirement will be SS. My question involves my husband’s collection of his SS. When he passes, will I be eligible for his SS? I know his is more and we are making retirement plans for him.
Q. I am 55 and under FERS. My minimum retirement age is 56, and I will be eligible for retirement June 22. About the penalty of 5 percent for each year under 62: Since I am six years from age 62, does this mean my annuity will be reduced 30 percent from day one of retirement? Or does it mean it will be reduced 5 percent annually for each of the years between 56 and 62?
Q. I got a letter from the National Association of Retiring Federal Employees stating, “Federal agencies are now re-employing federal retirees on a limited part-time basis without an offset to their annuity.” Can you explain this a little further? How would I find and apply for one of these positions?
Q. Is reinstatement possible at age 67? I voluntarily retired in 2005 after 38 years in the Postal Service.
Q. How many years does a retired veteran of 22 years need to work for the federal government before retiring again?
Q. I started working for the Postal Service in 1983. I also worked before that for the Navy and other places and have received a Social Security Administration statement saying I will be eligible for Social Security benefits at age 66. Is there a percentage that is deducted from either my Postal Service retirement or Social Security benefits? What is CSRS Offset? Am I in that, or would I know if I were?
Q. I retired in 2004 under the D.C. Police and Firefighters Retirement System (Metro Plan) and immediately re-entered the federal government as a permanent full-time employee. My second career will consist of 11 years. I assume I will be able to continue to receive my current annuity and draw a smaller second annuity from my 11-year service. Is that true?