Browsing: CSRS Offset

Q. I served 21 years and six months in the military, paying Social Security all the time. I also paid a little Social Security prior to going into the military. I went into civil service under CSRS in 1985. All of my Social Security was paid into prior to going to work under CSRS, so why should I have an offset after retiring from civil service after 20 years? I paid in the CSRS program and all my Social Security was paid under a different system that shouldn’t have anything to do with civil service and my Social Security.

Q. I retired as a CSRS Offset employee in 1997 at age 50. Since federal retirement, I worked in the private sector paying Social Security on those wages. At age 62, OPM reduced my federal annuity by about 25 percent but hasn’t adjusted my annuity since, even though I’ve contributed near the maximum into Social Security during the eight years since. I see nothing indicating that the offset ratio is a one-time event. What recourse do I have?

Q. Can you explain the Windfall Elimination Provision as it pertains to those of us that are CSRS? I have heard many different answers, one of which said they can’t fully offset your Social Security. I have 40 quarters from before I became a civil service employee, and in the early years I worked a part-time job. I am 3½ years away from hitting 40 years now. Will I get any Social Security? Can my husband (who is younger than me) draw against my Social Security until he hits his magic age?

Q. I am 63 and have 28 years of paying Social Security under CSRS Offset, and 13 years of CSRS. For CSRS Offset, they show a reduction of Social Security to almost 50 percent due to the windfall; yet with the Offset, it appears that I still will be getting the same total retirement amount (approximately 80 percent of High-3) between Social Security and windfall. If I kept working under Social Security until I hit 30 years, will the CSRS annuity be reduced based on the increased Social Security so its stays within the approximate 80 percent of my High-3, or will it increase based on the…

Q. I retired two years ago from the U.S. Postal Service. I retired with 33 years under my belt — service as civil service offset. I just turned 62 and was surprised when my annuity dropped $900. I didn’t think this would happen until I applied for Social Security. Should I apply for my deceased husband’s benefit, which is less than mine, take my greater benefit, or take less of an amount now and let my Social Security grow until I’m 66?

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…

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