Browsing: SOCIAL SECURITY

Q. I’m 66 with 18 years continuous service plus two-year military service, which I paid into FERS in order to get it credited. I had 20 years under FERS when I was 53 already. I’ve worked in the private sector since. I understand the computation of the monthly benefits (@$95K x 20 years x 1.1%), but am not clear on what will happen with the FERS compensation (if any) from 62 to 66. Will the Office of Personnel Management pay this as a lump sum or calculate it into the impending payments or have I forfeited those years?

Q. I’m a CSRS Offset retiree. If I don’t file for Social Security at age 62, my annuity will be offset (reduced) at the age of 62. It is my understanding that I can continue to work and not be subject to the Social Security income limitation, correct?

Q. I resigned from the Department of Veterans Affairs in 2015 to pursue a new career in the private sector, but am now unemployed. Being born with profound hearing loss – both ears – I just found out I should qualify for Social Security Disability Insurance. If approved, can I apply for FERS disability? I’m 53 with 28 years federal service.

Q. I would like to know if I retire under FERS on December 29, 2017, and have 30 years and 11 months service and am 56 years old, will they calculate my supplement as having 30 years or 31 years? That would make a difference from 75 percent with 30 years and 77.5 percent with 31 of my Social Security at 62. Would I need to go an extra month to get the 77.5 percent? It says to the nearest whole number.

1 2 3 4 75