Q. When do you get the 1.1 percent calculation? I will turn 62 in January 2016. If I retire in February of that year, would I get the 1.1 percent, or would I have to finish out that year?
Browsing: Retirement date
Q. I’m a FERS employee. What would be the best date for me to retire if I turn 60 on Dec. 4, 2014? The end of December? (31st) Or wait until the end of the leave year in January 2015?
Q. I had planned to retire Dec. 28, 2014, since, in the past, I read that was the best time to retire in 2014. If I retire on Jan. 3, 2015, will I still be able to cash in all of my use-or-lose leave since the leave year for 2015 does not start until Jan. 10, 2015? What date you recommend for the overall greatest financial benefit?
Q. I’m a CSRS Offset employee. Is it better to retire on the last day of the month, or on the 1st, 2nd or 3rd?
Q. I have received my final annuity estimate from human resources and am awaiting my final retirement date, with the Office of Personnel Management receiving all my records for a final computation. Human resources has deducted me for a nonredeposit from 1966 to 1969, for which I did terminate government service in 1969 (1966-1969). I then came back and re-employed from 1983 to the present. It’s been over 40 years, and I don’t recall filling out CSRS SF 2802 for a refund of my contribution for those three years. My notification of personnel action (SF-50) had a notation that OPM…
Q. How will the signed 2014 budget deal affect FERS retirements? I will have 30 years of government service in January 2015 with my minimum retirement age. As recommended, I have had my retirement plans in place for the past 10 years. Rumors are flying that we will no longer be eligible for the special retirement supplement, which has been calculated into my retirement estimates. Being this close to retirement age, there is not enough time to make up these lost monies if they are stopped.
Q. I am planning to retire in January. I recently reviewed my official personnel folder and discovered that a few SF-50s are missing from the file. Will this cause a problem with the Office of Personnel Management?
Q. I am a FERS employee who will have 30 years of permanent GS employment in December 2015. I have six months of temporary time as a GS employee, which would move my 30 years to April 2015. Can I buy back the temporary time? If so, how do I start this process?
Q. I will be retiring in early 2014 under CSRS with a spouse and disabled son. I understand that, with proper approval from the Office of Personnel Management, my disabled son may be carried as a beneficiary for survivor benefits at no additional cost. I know that normally, if a dependent spouse predeceases the retiree, the cost of survivor benefits will no longer be deducted from the retirement annuity. Is this still true with the disabled dependent, or will I continue to pay the survivor’s benefit cost?
Q. I plan on separating from the government Jan. 10, 2015, at 56 years, six months and nine days old and postpone getting my annuity until June or July 2018, when I will be 60 years old. My service computation date is May 6, 1990. To accomplish this, my understanding was to submit an SF-52 with Section E filled out to resign and then, approximately 90 days before I wanted my annuity to start, submit a RI92-19 to apply. But I keep reading where I can retire under MRA+10 on a regular retirement form, and there is a way to…