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?
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?
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?
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…
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?
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…
Q. I worked for the USPS 1987-1996. Is there a pension for me that I’m not aware of that will be available me at retirement age? I cashed out my savings plan that I was contributing to when I was working, but I am referring to a pension that I may have become vested in. This would be great news, but where do I find out?
Q. I’m 47 and have been at my job for 28 years. I’ve been off work for nine months for major surgery on my shoulder. The doctor says I’ll never have full range again. Chances are I’m not gonna be able to perform my job. I’ve also suffered from severe depression for years with suicidal tendencies. I take medication for this and see a psychiatrist. Do I qualify for disability retirement? My shoulder, arm and strength will never be the same.
Q. I am currently employed with the Bureau of Prisons,and in three years, I will have 20 years law enforcement time. But I will only be 48 years old. Can I just retire from the BOP in three years with total of 20 years law enforcement at age 48? I’d wait until I am 50 years old and start collecting my retirement. From age 48 – 50 I plan just to work at Wal-mart or a grocery store. I also bought back 6 years of my military.
Q. I am a CSRS-offset employee planning to retire at the end of the year and trying to get all my ducks in a row. While working for the Postal Service as an Army Reservist, I was on leave without pay for two months and six days in 1984, and four months and 19 days in 1994. I thought I would have to pay this time back in order to receive retirement credit. However, in the 2014 CSRS Retirement Planning Guide published by FEDweek, on page 40, I read, “A total of six months of LWOP (including furlough days) in…