Browsing: SOCIAL SECURITY

Q. I have just retired after 31 years and 10 months of service as a federal law enforcement officer. My retirement was mandatory at age 57. I have over 20 years in 6c position. I am under CSRS Offset. I would like to collect Social Security as well as my government pension at age 57. Can I receive Social Security benefits at age 57? At age 62, what amount are my benefits offset?

Q. I am 66 and still working and covered under CSRS offset. I have 30 years of substantial Social Security qualification. Twenty of those years with the federal government. Trying to decide if I take Social Security now rather than at age 69, when expect to retire. If I take it now, will my Social Security deduction off of CSRS be taken at the current rate (66) or will it be at the rate when I retire (69)?

Q. The Windfall Elimination Provision states: “The only work you did where you did not pay Social Security taxes was before 1957, or you have 30 or more years of substantial earnings under Social Security.” Are these statements separate or combined? What does the year have to do with it? What is the formula for calculating substantial earnings? Take into consideration that at the time, single mothers with three dependents did not earn “substantial earnings.” By the way, how much is substantial? It seems to me that the date I began work eliminates the windfall, along with my almost 30…

Q. I’m 44 with 16 years in a covered federal law enforcement position plus three military years (which I haven’t bought back yet). How soon can I retire? When I reach 20 years in service, I’ll be only 48, or do I have to wait to reach 50? Could I retire then, and if so, what would I be leaving on the table?

Q. I am considering retirement soon but would like to know if paying back my military time is a wise decision. I am 60 years old and will have 35 years civil service time. I do not have enough quarters to draw Social Security and never plan to. Will my annuity be based just on those 35 years, or will it be based on my actual service computation date, which would add four years?

Q. I am a retired CSRS postal worker and have opted for a survivor benefit. I do not qualify for Social Security. My spouse has about 24 years of SS payments from her jobs. If I die, are her benefits, either CSRS survivor benefits or Social Security, affected? If she dies, am I entitled to any of her Social Security benefits?

Q. I served in the military from June 1974 to April 1981. I was then hired by civil service in April 1983 as a temporary employee. I was picked up as permanent in July 1984, and my service computation date is June 1976. For whatever reason, when FERS was implemented, I was left in the original CSRS retirement plan and have been paying into CSRS for 29 years and 11 months. I applied for retirement computation last month and was notified by the human resource office that I will have to switch to FERS or CSRS offset to retire. Since…

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