Q. I’m 50 years old, under FERS and have 32 years of service. I plan to retire at 56 with 37 years with the U.S. Postal Service. Will I be eligible to receive a supplement from OPM until I reach full retirement age? Is there money through USPS that I would receive?
Q. I am 54 years old and have been working for the U.S. Postal Service for 22 years as a city carrier. Am I eligible for retirement? What percentage of my pay will I be able to receive? A. No, you aren’t eligible to retire now. However, you could resign from the government and apply for a deferred annuity under the MRA+10 provision. If you did, your annuity would be reduced by 5 percent for every year (5/12 percent per month) you were under age 60. Your annuity would be based on your high-3 and years of service as a FERS employee when you left.…
Q. I am trying to find out if I am eligible for a deferred retirement. Here are the specifics: 1. I am 61. 2. I have a total of four years of government service (with one break in service) as of December 2015. 3. I have bought back my military time (6.5 years). Can I do a MRA+10 deferred retirement under FERS now?
Q. I am 46 years old with 27 years of civil service. I would like to retire now under FERS. How does this affect the FERS base annuity and FERS supplement? My MRA is 56 years old, plus 10 months. How much of a reduction will I receive?
Q. I was terminated in January 1997 for insubordination. I refused to transfer $90,000 I had the authority to transfer. I filed an appeal to MSPB. The agency changed its mind and allowed me to retire in March 1997. I was only 53 years old with 25 years of service. I received immediate federal annuity. Am I correct in assuming that I wasn’t eligible to receive immediate retirement benefits?
Q. I am a federal employee of 18 years. I am considering going LWOP or possibly a break in service (returning after I had formally resigned). How does each situation affect my retirement benefits (cash per month)? Do the top three years apply to the 18 years of service or to the time of service after a return from a break in service? In other words, if I departed as a GS-14 and returned and then retired as a GS-13, would the top three years be taken off the GS-14 salary or the GS-13 salary?