Q. I am 54 years of age (born Dec. 2, 1958) and under FERS. I have 27 years of federal service. Can I: 1. Resign today and postpone receipt of my pension until I have 30 years of service? 2. Retire today and start receiving my pension? What penalty would I receive?
Browsing: Eligibility
Q. I will be eligible to retire Aug. 3, 2016 (55 years old, 37 years of service – CSRS). I work in D.C., and the cost of living is added to my salary. Do I use this figure or the figure before the cost-of-living allowance to calculate my high-3 salary?
Q. I work for a law enforcement department that has LEO and when I am eligible to retire, I will be 51 years old but I will only have 17 years of LEO although I will have 25 years under the Virginia Retirement System. Will I qualify for any kind of LEO benefit?
Q. I am 58 years old, with 24 years with Veterans Affairs Health Care System in the Midwest at GS-6. I have multiple health conditions including several brain surgeries and don’t understand all the nuances with retirement. I have been told I’m eligible to retire in December 2014 with full benefits but would like to continue working until I’m at least 62 years old. I understand I can keep my Federal Employees Health Benefits insurance and life insurance after retirement. I have heard rumors of Voluntary Separation Incentive Pay or buyout at $25,000. I think I have several options of…
Q. A FERS employee is 52 years old with 27 years of service and would like to retire immediately. 1. When can I receive my annuity? 2. What is the penalty?
Q. I am a former federal employee who took a voluntary separation in 1996 with just under 17 years of service. Since then, I have been employed in private industry. I will be 62 in October, and I understand I am eligible to apply for my FERS benefits at that time. However, I do not wish to retire from my current private-sector employer until I am at least 65. I have searched the Office of Personnel Management websites in vain for any indication that I might be required to quit my current job, or limit my annual earnings as would…
Q. Does one need to be 50 years of age with 20 years of covered service to be able to retire? Or does a downsizing agency have the ability to waive the rules and permit employees within a year or two of being eligible to retire for the option of retiring early?
Q. I am eligible for immediate FERS retirement at my minimum retirement age with more than 10 years of service. I am considering retiring under these conditions (including the 5 percent-per-year-under-62 penalty). But I understand that Voluntary Early Retirement Authority/Voluntary Separation Incentive Pay is under consideration in my agency Department of Justice. If I submit a retirement application before VERA/VSIP is offered, am I ineligible for VERA/VSIP?
Q. I have 13 years of service with the Veteran Affairs Department. My age is 61. When can I retire with full benefits?
Q. I have 32 years of service in the Postal Service. I resigned in 2009 at the age of 52 with the stipulation I would collect my retirement at the age of 55. I’m under CSRS. I looked at my paperwork and it is showing retire at age 62. Can I receive my retirement when I turn 55 next month?