Q. I will have 20 years 6(c) time on Jan. 10, 2020. I will be 45 years old. I am buying back 9 years of active-duty military time. When I hit 20 years 6c, can I retire, although I know that I won’t be able to start collecting retirement pay until I’m 50? A. If you left government after you had 20 years of covered service, you wouldn’t be eligible for a deferred annuity until you reach your minimum retire age (MRA), which is 57. That annuity would be computed using the more generous formula for law enforcement officers. Any…
Browsing: mandatory retirement
Q. When a firefighter has mandatory retirement at age 57 and receives a FERS supplement, what happens when he turns 62?
Q. I am a dentist starting with the Federal Bureau of Prisons at age 43 with an age exemption. I have approximately 10 years of military years to buy back. If the mandatory retirement age of the BOP is 57, how can I retire from an agency in 20 years at age 63, add my military 10 years for a total of 30 years, and still receive the law enforcement 1.7 percent retirement calculation?
Q. I’m retiring soon at the mandatory age for firefighters at 57 years old after 30 years of service. I understand the Social Security Administration supplement will be paid out until age 62. Can the supplement continue past 62 if I choose to wait to elect collecting Social Security until age 67, the full-retirement age? I’m staying at the fire department until the last possible day before the mandatory age requirement kicks in, but I’m concerned of a potential five-year gap and/or not receiving the supplement between ages 62-67. If the supplement stops entirely at 62, then I’d feel a bit…
Q. I was part of a reduction in force and made to retire from the military under 20 years. How does it affect my service computation date (SCD) when I get a federal law enforcement officer job? Does that time (let’s say 15 years of service) count for my SCD for annual leave accrual?
As a result of all the early retirement offers and buyouts, a lot of employees leave government for what they hope will be greener pastures. Whatever their motivation, quite a few of them think about returning to work for the federal government. If you are one of them, a potential impediment to your coming back to work is this. If you received a buyout and return to work before the end of five years, with rare exception, the law requires that you repay the entire amount no later than the date on which you report for duty. If you didn’t…
Q. I am 59 years old have retired from the U.S. Forest Service under mandatory retirement as a firefighter. I currently work in an emergency hire capacity as a Administratively Determined employee. As a CSRS Offset retiree, I will be forced to apply for Social Security at 62 and will have an earning cap of around $15,000. What is the penalty if I exceed this earning limit? I would like to continue to work for a number of years past 62 and could easily surpass this earning limit.
Q. I am a federal law enforcement officer and currently have 22 years of service. I’ll turn 46 in March of this year. I also have five years of Marine Corps time that I was active duty. I understand the rule that I can retire at any age with 25 years of creditable service or retire at age 50 with 20 years of service. I will fall into the 25 year rule, since I will be less that 50 when I am eligible. I know I am supposed to get a Social Security bridge when I retire until my regular…
Q. Is there an age restriction for potential employees if they are older than 69?
Q. I am eligible for a 30-year retirement in July at age 50. If I do not get another job, I am eligible for a special retirement supplement due to the mandatory early retirement that federal law officers must take. If I don’t work for, say, six months and then get a job in the private sector and work two years, or if I get a job immediately upon retirement and only work a couple of years, will I still be eligible for the supplement after leaving the private sector?