Browsing: Eligibility

FAA pension

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Q. I worked for the FAA from June 1969 and left after I married to raise my family in September 1975. I will be 62 in September. Am I eligible  for any FAA pension? A. If you left your retirement contributions in the retirement fund when you left, you’d be entitled to an annuity at age 62. To get that benefit, go to http://www.opm.gov/forms/pdf_fill/opm1496a.pdf, download a copy of the form, fill it out, and send it to OPM.

CSRS eligibility

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Q. I worked for the post office from 1980 to 1990 and then quit to attend grad school. Although I’ve since become successful, immediately after grad school I needed money and so withdrew it from my CSRS account. Will I be eligible to go back on CSRS if I return to federal service?

Federal retirement

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Q. I spent eight years active duty in the Air Force as a physician in the late 1990s. I would like to end my career practicing at the VA. I am 59 years old. If I work at the VA for 11 years, I will only have 19 years of federal service. Will I be entitled to any federal government pension? Must I work a full 20 years for the Fed? Will that effect the Social Security funds that I have contributed to for the past 25 years?

FERS retirement calculations

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Q. You recently stated in your posts you can receive your FERS retirement benefits calculated at the rate of .011 with 20 years of service, at age 62. Does this benefit rate of 1.1, apply if you left your employment before the MRA (resigned), have more than 20 years of service and elect to receive a deferred retirement at age 62? At age 60, benefits are calculated at .01. Is there a choice?

Late application for FERS annuity

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Q. I am 64 years old. From 1986 to 1995, I worked for the federal government and was covered by FERS. I just now realized that I may be eligible for a pension, starting at age 62. If I apply now, will I be somehow able to recover the two years’ worth of payments that I did not collect? Can I wait even longer, until the time that my total income (and my tax bracket) will be lower than it is now?

Leaving federal service

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Q. I plan on leaving federal service with the VA after 15 years of employment, having worked various jobs at GS-7 and GS-5 levels. I will be 48 years old upon my voluntary leave. Can I collect my VA pension immediately or do I have to wait till I reach a certain age to collect a monthly pension? And if I can collect my VA pension now, can I continue to pay for health insurance via monthly deduction from the pension amount?

Deferred retirement at 31 years of service

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Q. I have 31 years of federal service at age 50: 27 Civil Service and 4 military which I bought back. Do I wait to fill out my retirement paperwork near my minimum retirement age, or do I fill that out at the time I resign? I read that because I have five point preference that my reinstatement rights don’t have a three year time limit? If I resign and then apply for a federal job and get hired at age 55, work one year and then retire at my MRA of 56, would I be eligible for the Social…

Disability vs. early retirement

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Q. I am 51 years old and have suffered a stroke. I realize I could probably apply for FERS disability retirement, but I have a dilemma. I am buying back my military service time, but I have about five years to buy it all back. Which is better to apply for disability retirement or regular early retirement?

Conditions of new federal position

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Q. I worked from 4/1987 through 8/1998 as an Architect/Engineer SR with the USPS. I resigned with a good record. I have a form 50 that states my service which I submitted when I applied. I recently was hired to a new position. I cannot get a clear understanding about my retirement, my vesting and if I have a probationary period and how long it is. I was not reinstated. I was FERS, and I never took my basic .8 contribution out. I did transfer my Thrift Savings Plan to a private brokerage account. They used the .8 to continue…

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