Browsing: RETIREMENT

Q. I have been retired for two-and-a-half years. I am receiving the Special Retirement Supplement and just turned 61 years old in July. I understand that I can only earn so much a year before my SRS is effected. However, since this is my last year of SRS, can I earn as much as I want since after July 2019 it will be cut off, or will I have to pay monies back if I exceed the earning limits?

Q. Can the sick leave balance be used to push a retiring employee beyond the 20-year point? If the worker, older than 62, wants to retire on Feb. 1 but is five months short of 20 years and has 5½ months of sick leave, will the balance push the service beyond 20 years?

Q. I “bought back” 7 years of active duty service time and completed an additional 15 years of National Guard service. I have retired from the National Guard. When I retire from the federal government with 27 years as a fed plus 7 years active duty, will I be able to receive both the federal retirement (34 years) and the National Guard retirement?

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