Q. I am currently employed with the Veterans Healthcare Administration, age 60, with more than 21 years of service. How does one go about initiating a request for buyout in the event none is being offered? Is this possible?
Q. I have 27 years of service and am currently employed with the federal government. I am 52 years old and was born in 1965. If I decide to leave before reaching 30 years of service and take a reduced annuity upon reaching my minimum retirement age, will the penalty be 20 percent in each of the four years before reaching 60, or will the penalty get reduced as I get closer to 60?
Q. I am a civil service employee that was involuntarily retired from the Department of Defense in 1997 due to base closure. I received a VSIP/VERA in the amount of $25,000. At the time I was 47 years old with 23 years plus four years of military time, which was credited toward retirement. Three months later I was hired by the U.S. Postal Service. I have been there for a little more than 19 years now. I am 66 years old now and am considering retirement this year. Will I be allowed to retire with the total years of service or…
Q. I have worked since I was 14. I am now just about to turn 50. I have been a hard worker during my life and my body just cannot take it anymore. I have made between $30 and $110,000 a year. My wife works and makes decent money. What are my options? I have not worked for the last two years.
Q. I will be turning 60 in December. I have been working steady now for 20 years, and am still working. My health is so bad now I’m in so much pain working. I won’t apply for disability due to the fact that it takes two years, I’m told, to process a claim. I can’t be without income for that long. I want to retire at 60. Can I do that? Will there be a large penalty?
Q. I am 53 years old, and I retired from the Navy Reserve in 2008 with 21 years of service (13 active). I have been a GS employee since 2002 and have made a deposit for the active-duty time toward my civilian retirement. I plan to retire from the federal government when I am 56. Will I still be eligible for a military reserve retirement?
Q. I was informed by my local human resources and retirement benefits representative that under FERS, with 30 years of credible service, I am eligible for retirement at any age (I am age 50, with 20 credible years of service) without reduction in annuity payments. Does this seem correct?
Q. How does the accumulation of sick leave factor into the overall retirement calculation? I plan on retiring in four years and will have accumulated more than a year’s worth of sick leave. I want to use it toward retirement. I will be 63 with 18 years of service as a civil servant. I’m retired military, as well.
Q. Is the cost of the spousal benefit I elect on the day I retire (approximately 10 percent of my pension) set in stone? Or do I have to pay more each year because the value of my pension is going up due to the cost-of-living adjustment (COLA)? (Is it 10 percent of retirement pay on Day 1 and that amount is paid forever, or 10 percent of my pension as it goes up due to COLA? Is the value of my spousal benefit based on 55 percent of the amount of my high-3 pay at retirement or is it 55 percent of my pension at…