Q. I worked for the Postal Service for 11 years under FERS. Will I receive a pension? How do I find out how much I would receive?
Browsing: High-3
Q. For FERS retirement purposes, what pay is used for 78 pay periods of high-3 average basic pay calculations: basic pay or adjusted basic pay with locality adjustments?
Q. How will Voluntary Early Retirement Authority/Voluntary Separation Incentive Pay affect my retirement benefits (annuity supplement, pension and Thrift Savings Plan withdrawals)? I am a Defense Department civilian, age 58, with 21 years of service under FERS.
Q. I am an 1811, GS-13, Step 9, federal law enforcement officer. I was activated, under Title 10 for 13 months in 2012. I deployed to Afghanistan. I am eligible to retire from my federal employment. How does the Office of Personnel Management calculate my high-3 for retirement purposes, if one of my high-3 years would have been during the time I was deployed?
Q. I will be eligible to retire Aug. 3, 2016 (55 years old, 37 years of service – CSRS). I work in D.C., and the cost of living is added to my salary. Do I use this figure or the figure before the cost-of-living allowance to calculate my high-3 salary?
Q. I am a federal employee under the special rate table with an 18 percent supplement. Will that be included in my high-3 calculation for retirement?
Q. Since my high-3 occurred in San Antonio between 2005 and 2009, will my locality pay associated with that period be incorporated into my retirement pay if I elected to retire immediately after returning to the U.S., or will I have to take an assignment in the U.S. and remain on station for a year to receive the locality pay of that region?
Q. I am receiving workers’ compensation benefits through the Postal Service. I am considering the switch from OWCP to OPM (FERS). My concern is that I have been on OWCP since 1997 and am worried that all my cost-of-living adjustments would somehow not roll over and be figured into the Office of Personnel Management payments. Is there a way to get an accurate calculation of what my current benefits with OPM would be so that I can make an informed decision rather than trying to guess-timate? I called OPM and they told me they thought that the payments would be…
Q. I am 62 and have been employed by civil service for 2½ years. If I stay 2½ more years and retire with five years (the last 3½ as a GS-9), what can I expect from the retirement system?
Q. I am 58 years old, with 24 years with Veterans Affairs Health Care System in the Midwest at GS-6. I have multiple health conditions including several brain surgeries and don’t understand all the nuances with retirement. I have been told I’m eligible to retire in December 2014 with full benefits but would like to continue working until I’m at least 62 years old. I understand I can keep my Federal Employees Health Benefits insurance and life insurance after retirement. I have heard rumors of Voluntary Separation Incentive Pay or buyout at $25,000. I think I have several options of…