Q. I am a CSRS employee planning to retire in 2015. I’ll retire in May or September, depending on when a full year at my highest step will be included in my high-3. September 2015 is the month of my 56th birthday, as well as the anniversary of my 38th year of federal service. I’ll receive my final within-grade increase in May 2014, after having been three years at the previous step. As far as high-3 is concerned, will one full year at the highest step be included in the high-3 on the anniversary of the WIGI in May, or on the anniversary…
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Q. I worked for the federal government as a temporary employee twice: August-November, 1972 as a clerk-typist in a 90-day position. I believe I was not in the FERS plan but rather paid into Social Security. The second time was the following year: February-March, 1973. I am pretty certain that this was also a temporary position of six months, which I left after two months. If I am correct, and it was a temporary position, I probably was exempt from FERS and again paid into Social Security. I am now trying to add up my Social Security credits. I think…
Q. I understand that they recompute your disability retirement at 62 years old. Does the amount one gets at 62 generally stay the same, go up or go down? What about cost-of-living adjustments under FERS? Do they recompute other agencies you also have worked before Postal Service time?
Q. I left government service in October 1984 and drew out my $11,500 retirement contribution. I returned to government service in October 1987 but have not repaid the refund. 1. If my annuity is reduced permanently due to lack of refund repayment and I die, will my wife’s survivorship election be affected by the annuity reduction continuing until her death? 2. The variable interest rate applied to an early CSRS refund is decided by whom, decided when, and posted when and where? I would like to be able to find it as soon as it is decided and posted in…
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?
Q. I am 57 years of age and served 25 years as a FERS law enforcement officer. Two years ago, I transferred from that position to another agency (unbroken service) and serve in a non-LEO FERS position. I continue to contribute 1.3 percent to FERS while my agency contributes its required LEO percentage. The agency suggests I should be paying only 0.8 percent. Upon leaving federal service, how will my retirement be calculated in terms of percentages and high-3 years? Will the calculation change as well as any other factors if I contribute at the lower percentage as the agency…
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?