Browsing: Pension

Q. I have worked for the U.S. Postal Service for 43 years. I retired in 2011 with a CSRS pension. Prior to USPS, and afterwards, I worked under Social Security. I believe I have the required 40 quarters. Will the Windfall Elimination Program affect my getting Social Security and how will it affect my pension? A. While the Windfall Elimination Provision will have no affect on your CSRS annuity, your Social Security benefit will be affected by it. The WEP reduces the Social Security benefit of anyone who is receiving an annuity from a retirement system – like CSRS –…

Q. I’m 63 years old with 17 years with the federal government. Can I lose my pension if I get fired for misconduct? A. No, you can’t. Under 5 U.S. Code 8312, employees can only lose their pension if they are convicted of such offenses as gathering or delivering defense information to a foreign government, treason, insurrection, sedition, conspiracy or advocating the overthrow of the government.