Browsing: Eligibility

Q. I am under FERS. I would be eligible for retirement if an early-out is offered with at least 25 years of service (I have 27½). I would like to go now and would prefer to do so under an early-out offer so that my retirement will start right away instead of having to take a deferred retirement. If I get a job offer before the early-out comes, once I sign the final papers and retire, then an early-out is offered a month or so later, is there a window that I may rescind my retirement to be included in…

Q. I was employed in a law enforcement position under CSRS for 25 years, under 6c retirement formula. My service computation date was July 7, 1975, I resigned my position on Sept. 28, 2000. I needed to be 50 years old to be eligible to retire, but I left when I was 47. On Aug. 8, I will be 60 years old. Can I apply for a deferred retirement now or do I have to wait to apply until I am 62 years old on Aug. 8, 2015? I called the Office of Personnel Management and am getting conflicting information.…

Q. I have 31 years of federal service with the National Park Service. I have 18½ years of law enforcement service (because the Firefighter and Law Enforcement Retirement Team took away four permanent years of law enforcement service). I will be 60 in September. Is it possible for the government to give me an early retirement and give me the last year of the 20-year retirement special pay (January 2014 instead of January 2015)? Or do I need to work the last year to get the 20-year special pay. The early-out and incentive payment may be offered soon.

Q. I worked for the Department of Justice from 1989 to 2003 under FERS. I have worked in the private sector since that time. I will be 62 in 2015, at which time I think I qualify for a retirement annuity. Can I do all of the following: 1. Receive a FERS annuity based on my high-3 salary; 2. Continue to be employed in the private sector; and 3. Leave my Thrift Savings Plan money where it is for now. Is there any reason not to do this, or any value in deferring this? My impression is that the annuity…

Q. My agency is waiting for Office of Personnel Management approval to offer a Voluntary Early Retirement Authority/Voluntary Separation Incentive Pay. No details have been released to employees, but speculation is running high that two or three additional years of service will be offered as an incentive to retire. Managers have been telling people already eligible to retire but still working that they would not be eligible for the additional years of service because they already meet standard full retirement eligibility criteria. It seems to me that anyone who is eligible should be able to take advantage of the incentive.…

Q. I started with the federal government in January 1980 as a GS-2 (at the age of 19). In June 1993 (age 32), I became a GS-1811 (non-law enforcement-covered) position. In October 1994, I transferred to a law enforcement-covered position. I am being told by my agency that I could have retired in June. I think it is October 2014. I have submitted my retirement papers to retire Oct. 31. My agency tells me they have never submitted paperwork to the Office of Personnel Management that have been returned saying a person is not eligible. Does OPM ever come back…

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