Q. What is the definition of substantial earnings for purposes of the 30-year contribution requirement to eliminate any windfall elimination provision setoff?
Browsing: SOCIAL SECURITY
Q. How much notice do I have to give Social Security before I apply? I will be 62 in June. Do I have to give them 90 days’ notice? I plan on retiring in October.
Q. Please define “30 years of substantial earnings.”
Q. From what I understand, the special retirement supplement is calculated as your Social Security estimated payment at age 62 divided by 40 times your number of years of service. Do you receive the full amount of Social Security when you reach age 62?
Q. I am 47 years old with 25 years and one month of service under FERS. If I accept Voluntary Early Retirement Authority, my understanding is that my monthly annuity will not be eligible for cost-of-living adjustments. Is that correct? Also, once I reach 56 years and four months of age, the special retirement supplement would then be added until I’m age 62. Is that correct? After age 56 years and four months, would COLAs then be applied to the annuity? Finally, if I’m working in the private sector earning a salary above the current $14,000 Social Security limit for…
Q. In 2004, I resigned as a GS-0132 with 17 years of federal service. In 2009, I started drawing Social Security disability. I am 57. I did not withdraw my retirement when I separated. Can I draw my FERS retirement early based on my Social Security disability, or will I have to wait until I am 62 to begin drawing it?
Q. A little over three years ago, I retired under FERS. I was a widower at the time, so no survivor benefit was being withheld from my pay. I now intend to remarry a French citizen and will reside here in the states for a time, then move to France. I would like her covered by my Federal Employees Health Benefits, at least while we are in the U.S. Can I sign up now for a full survivor benefit for her? How much will it cost me? I read somewhere that it costs 10 percent of my current annuity plus…
Q. The requirements for Social Security disability are much higher than for FERS disability retirement, so what happens to FERS if you are approved by OPM but denied by the Social Security Administration? Can you still receive your FERS disability retirement? Must you continue to reapply with SSA regularly? I have 15 years in FERS and am only 42.
Q. I plan to begin collecting Social Security at age 66 in CSRS. I have met my 40 quarters and 30 substantial salary requirements. Additionally, I took a two-year break to work in the public sector. When I retire at age 69 with 40 years’ service and begin collecting my CSRS annuity, will I be able to collect Social Security?
Q. I retired under full CSRS (none offset) in January 2010 with 35 years’ federal service as a GS 14/10. I am 59 and don’t have the 40 credits required to receive Social Security benefits when I turn 62. Is it worth it to take a part-time job just to get my 40 credits in, or will there be a reduction to my federal retirement that will hurt more than it will help? I haven’t earned very much in the private sector — just a few years before I became a CSRS employee in 1977, including the time I served…