Browsing: Eligibility

Q. I am 54 years old with 16 years of federal service under FERS. I am eligible to retire at my minimum retirement age (56) on the MRA+10 option. At that time, I will have approximately 700 hours of unused sick leave. Can I apply the unused sick leave to my time in service, reducing the amount my annuity is cut? If I retire at 60 with 22 years of service, my annuity will not be reduced, but my accumulated sick leave becomes worthless, correct? Can I retire at 59½ and apply the sick leave to the end of my…

Q. I will be 62 in February and plan on retiring. I joined the Navy in 1970. Since then, I have two years and nine months of active duty, two years of inactive Navy, 10 years of active Naval Reserve and 13 years of active Naval Reserve for a total of 25 years and eight months. I was placed on the Naval Reserve retired list in February 1999. I would be eligible for reserve retirement when I turned 60, which was February 2012. Authorization for retirement is per references 10 U.S.C. 12731, 12732, 12733, and 12739. In May 2001, I…

Q. I will be eligible to draw my CSRS retirement on Jan. 18. I work at the Veterans Affairs Medical Center in Asheville, N.C. I will be 62 years of age on Jan. 18 and also eligible to draw Social Security. Can I draw my CSRS retirement but leave my Social Security at this time, and still continue to work at VA and draw full pay?

Q. I was separated (resign or be fired) from the federal government in 2007 after more than 21 years of service. Twenty of those years were under FERS and the remainder were under CSRS. I was involuntarily converted to FERS in 1987. During 2007, I was not eligible for the MRA+10 retirement, but now I meet the requirements. I understand that I am eligible for an unreduced annuity at age 60. Can I wait until age 62 to receive a higher benefit amount? Do I get any credit for contributing to CSRS for one full year? How many months before…

Q. I have more than 14 years of civil service. I’m retired military (20 years). I’m almost 58 years old. I fall under FERS. A while back, an email came down asking who would be interested in Voluntary Early Retirement Authority/Voluntary Separation Incentive Pay. I replied in the affirmative. If they offer VERA/VSIP, my supervisor says he would not approve it for me, as he cannot afford to lose the position. My plan was to retire at 60, but if they offered VERA/VSIP I would go earlier. With talk of reductions in force, I’m concerned what course would be most…

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