Q. I will be 58 next year, when we are supposed to be RIF with the Postal Service if we have not found another EAS position. At that time I will have 24½ years in and be 58. I understand I will be eligible for DSR. How is the amount calculated? Is it the same as the FERS amount, is it permanent and can I still receive the FERS supplement? Can I receive DSR and FERS, or just the DSR or FERS? I don’t want to retire but am trying to see how I will be financially if I am…
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Q. I served in the Air Force on active duty for nine years, from 1994 to 2003, and have continued to serve in the Air Force Reserve since separating from active duty. I plan to work at least 25 years in the Air Force (combined active duty and Reserve). I have been a civilian federal employee since 2003. I am 45. My minimum retirement age is 56 years and 6 months. If I buy back my nine years of active-duty time toward a FERS retirement, will I lose anything from my eventual Reserve retirement? Will my nine years of active…
Q. I am a FERS employee and was hired in January 1984. I will reach MRA (56) with 31½ years of service in early July 2015. What is the best day for me to retire in 2015 to get credit for the most annual and sick leave?
Q. I took a job last year. After reporting my earnings to OPM this year, I will not be receiving a FERS Social Security supplement in the future. What happens to the money? Do I simply lose the funds? Does this increase my future Social Security payments?
Q. I am 55. I have put in more than 14 years of federal service as a civilian (11 years from 1980-1991 and three-plus years beginning in 2011 through now). I also put in 23-plus years in private industry paying from Social Security 40 credits. I anticipate working in federal service for an additional seven to 10 years. In general, how will my retirement be calculated to include both the CSRS Offset and Social Security?
Q. I retired as a CWO-3 (USMC) after serving 21 years. I am receiving retirement pay and received a 20 percent disability rating from the Veterans Affairs Department and get payments from VA. If I take a position with a federal agency, will I lose any of my military retirement?
Q. I am planning to retire at age 60 from the Postal Service after 34 years. I also have five years of military service, which I never paid back. I have 31 quarters in Social Security. If I decide to work after I’m 63 to get the 40 quarters, will it affect the amount of my CSRS retirement?
Q. I have some vague idea that some benefits are linked to completing 10 years of federal service, but I can’t find details or facts. I’m under FERS, have a service computation date of 2004, have worked full time since 2007 and worked TERM appointment 2004-2007. I thought I would last until 2014. However my elder parent and young grandchild could both use my service and time, and thus I am considering leaving before my 2014 date and working from home in a nonfederal job. How would that affect my benefits — just resigning before 10 years? I’m only 55…
Q. I am a Navy Reserve 05 with 33 years of service, 12 of them active duty. I was recalled to active duty and have completed eight years of active duty in direct OIF/OEF Presidential Recall. I turn 58 in November and have been accepted to a job at the VA. I could have retired in September and collected money, but I stayed on active duty. Now that I am going to come off orders and work for the VA, how do I choose what to do with the joining of DoD and VA retirement? Can I retire from the…
Q. I’m a FERS employee thinking of retiring at the end of 2014. I’ll be 65, and with time served, military and sick leave (barring any lengthy illness between now and then), I’ll have 29 years, plus a couple of months. I know I’ll be losing some benefits from Social Security, leaving a year early, but what would the loss be from leaving before the 30-year mark?