Q. I am in the Department of the Interior Bureau of Reclamation. I will have 30 years of federal service on Feb. 2, 2016, and will be 60 on Jan. 24, 2016. My minimum retirement age is 56. The Office of Personnel Management’s Web page says if you retire before 30 years service or MRA, your pension is reduced 5 percent for each year unless you have more than 20 years service and your benefit starts at age 60 or later. Does this mean that if I retire at age 59 but defer pension until I am 60, my pension…
Browsing: Minimum retirement age
Q. I have 30 years of federal service as a WG-12. I am 52 years old. If I am nonretained in the Air National Guard, will I get my FERS retirement and my Supplemental Security Income? It is my understanding that if I’m over 50 years old with 30 years of service, I should receive both with no penalty.
Q. I retired on FERS disability in 2009 at the age of 46 with 17 years of service. I applied for FERS and went on various leave until approved. When I was approved, my position was eliminated from the agency within my state. I had been given a direct reassignment, which I declined due to the nature of the duties (similar to what I was disabling on) and the distance for transfer (130 miles away). Plus, the position had additional duties of driving for two hours daily — a duty I could not do (This was known for years within the…
Q. As a federal employee under FERS, is there a maximum percentage from the Veterans Affairs Department that a 6(c) law enforcement officer can receive? I’m at 30 percent; I reach my minimum retirement age in June 2017; and I want to increase my percentage. I have a culmination of multiple issues that could increase my percentage dramatically, but I don’t want this to affect my job as an LEO.
Q. Can unused sick leave be added to actual service time to meet the 30-year threshold to be eligible for the special retirement supplement at my minimum retirement age?
Q. I’m age 50 with 25 years of non-Postal service under FERS. If I have a medical condition that qualifies me for disability retirement, will I still be covered under FEHB after retiring on disability? I would only pay my portion of the premium as if I am still employed, correct? I have been enrolled in Federal Employees Health Benefits my entire career. And would I still receive the special retirement supplement when I hit my minimum retirement age of 56, even though I am retired on disability?
Q. I am a FERS-covered firefighter with a retirement date of Dec. 30. I have been on the job since Dec. 30, 1984 (at retirement, I will have 29 years and one day) and I am 49. I have easily met the FERS firefighter retirement requirement of 25 years, any age. I know the mandatory retirement age is 57 (I don’t need to concern myself with that). I have been informed to be prepared for three to four months (potentially up to six months) before I would receive a “full/normal” retirement check. I have recently started a small business which…
Q. I am a FERS employee. I am 57 with 26 years of service. 1. Do I get annuity computation for sick leave? If so, how is it computed? 2. I was born in 1956. What is my minimum retirement age, and how much service should I have under the MRA? 3. What happens with my annual and sick leave when I retire? 4. When should I start preparing my paperwork for my retirement? 5. My agency is going through a reorganization. We have the options for early retirement, buyout, being reassigned to New York or Boston (I live in…
Q. I have 22 years in federal service under FERS and am 56 years old. I have held Tricare Prime under my retired spouse for over five years and Blue Cross/Blue Shield under my position for four years. If I take early retirement, can I carry my insurance into retirement? Do I meet the conditions to receive the special retirement supplement until I reach age 62? If not, under what conditions could I receive the special retirement supplement that would carry until I reach my Social Security age?
Q. I have worked for the Postal Service for 26 years. I just turned 50. I am under FERS. If I decided to retire at the end of the year, how would I calculate what my annuity will be? Additionally, if there were another early-out offer from the Postal Service, how would I benefit from that rather than retiring outside of the offer?