Q. I am covered by FERS. At my minimum retirement age of 56, I will have 28 years of federal service and approximately one year’s worth of unused sick leave. My understanding is that if I retire at that point, my annuity will be reduced by 35 percent – 5 percent for every year I am under 62. Is there any way I can avoid this age reduction to my annuity other than: 1. Continuing in federal service until I am 58, at which point I will have 30 years of service without counting any unused sick leave, or 2.…
Browsing: Minimum retirement age
Q. I am a dual status military technician. I was hired as a GS-13 in October 2009. I began an active-duty military tour in January 2012 and will return to GS-13 in July. Provided I buy back the time while on leave without pay for military duty on this tour (as well as buy back five years of active-duty time served prior to GS-13 employment), will I be eligible for any GS retirement benefits if I leave the GS-13 job in January 2015? I have contributed 10 percent into my civilian Thrift Savings Plan and received a 5 percent employer…
Q. Do I have any options for early retirement that will allow me to keep Federal Employees Health Benefits if I retire at age 52-55 with 20-23 years of service with a minimum retirement age of 57? I know I can take postponed, but then I lose FEHB. So I was wondering if there was any other way.
Q. I am 55-year-old postal employee with 27 years of postal service. I have read that a Voluntary Early Retirement Authority will be offered to eligible employees. Would I be eligible for the special retirement supplement? I also have an Equal Employment Opportunity case that has not been adjudicated, how would this affect my case? Would it still go forward?
Q. I am a federal air technician with the Air National Guard. I have 34 years in the Guard and 27 years as a federal full-time technician. I am in FERS and have a minimum retirement age of 56. I will be 53 this year. It has been communicated to me that I will probably not be retained this year, meaning that Dec. 31, 2014, I will be involuntarily retired, thus losing my full (technician) and part-time (traditional Guard) employment. When can I begin collecting my retirement pay, Social Security, Thrift Savings Plan? Are there any penalties if I was…
Q. I retired Feb. 28, 2013, at my minimum retirement age with 13 years. Can I be rehired in another position to get my 20 years in? I was a rural mail carrier.
Q. I am retiring at age 55. I will have 26 years of 6(c)-covered service and an additional two years of military for a total of 28 years. What is the maximum amount of special retirement supplement I can get as a military veteran?
Q. I retired from the Navy in 2001 after 20 years of service and then took a position at the Postal Service, which I have been at for 10 years. I am 53 years old. I have been collecting my military pension since I retired from the Navy and want to know what my options are for retiring from the Postal Service. Can I collect a separate pension from the USPS? If so, at what age can I retire and can I get full pension benefits from both the military and the USPS?
Q. I’m a letter carrier with 32 years of federal service under FERS. I have 2½ years to go before I meet my minimum retirement age. I’m considering disability retirement because my health has been keeping me from work. What will I lose or gain (pros and cons) between regular retirement and disability retirement. Which is stronger financially?
Q. I am a Defense Department firefighter with 20 years in service. I also have four years of military time, which I bought back. I want to leave DoD fire and work in another federal office that is also covered by FERS. I am 42 years old. I want to leave now with 20 years of firefighter time and work in another federal office for five years. Would I still qualify for an immediate annuity once I have a total of 25 years in federal service even though 20 were as a DoD firefighter and five were inside another federal…