Q. I am 66 years old, which is my full retirement age. I worked from 1966 to 1970 for the federal government. I was in CSRS. My credit was three years and 11 months. I stopped working in 1970 to raise a family. I withdrew the money I had paid into CSRS. Between 1970 and 2001, I held a few non-government, small, part-time or intermittent jobs in which I paid into FICA. I returned to work for the Army in December 2001. I was automatically put into FERS, so began paying into FICA and FERS. I have paid back with…
Browsing: Windfall elimination provision
Q. I am a federal employee who has 21 years of federal service and am under the CSRS Offset retirement plan. I have paid in over 30 years of social security. What would be the percentage of my offset? I have been told that it would be minimal after 30 years of Social Security pay in.
Q. I am a federal employee who will get only CSRS benefits after retirement. I will make sure there are survivor benefits for my wife if I pass away first. My wife has Social Security. Will I get any survivor benefits from Social Security if she passes away before I do? Maybe I will get some benefits after any windfall deduction is made from survivor benefits.
Q. I am 69 years old and will be 70 in December of this year. I was rehired by the government in January 2013 after a 31 year break in service. I had almost 12 years of prior service and I withdrew my CSRS retirement fund when I left the government in 1981. I am now planning to retire at the end of March of 2016 when my High-3 will be reestablished at my current GS12-10 salary. Since I have over 30 (consecutive) years of substantial earnings under Social Security, will the windfall elimination provision come into play when I…
Q. I am retired from the FBI. I have 22 years covered under CSRS and 11 under FERS. Because my FERS supplement ends in August when I turn 62, I plan to apply for Social Security, who has advised my monthly benefit payment will be 1120.00. My FERS supplement is approx 500.00 per month. My question is: When I begin receiving social security benefits in August, will I receive the entire 1120.00 or will it be reduced?
Q. I have been a FERS employee since 1985 and this year will have 28 years of Social Security substantial earnings. I was born in the U.K., a U.K. citizen, and worked there in the 1970s before marrying and emigrating to the U.S. with my U.S. Navy husband. I am now eligible to receive a U.K. state pension, 10 years of which are based on employment. I am now told that my U.K. pension is subject to the windfall elimination provision, as those 10 years are not covered by Social Security. This seems grossly unfair as, at the time I…
Q. 1. How are the days of active-duty service calculated? 2. Is that a one-to-one credit added to years of service? 3. Can you buy it back after you retire and adjust the annuity accordingly? 4. Can you buy back portions of it? 5. Can you pay in installments? 6. What percentage of military pay per year would you get in retirement? For CSRS, it is roughly 2 percent based on high-3; would it be calculated on actual salary back then or adjusted for inflation? 7. Any chance for a retroactive payment once established? 8. Will I lose any benefits…
Q. If I continue to work at a Social Security-covered job past the age of 62, will the windfall elimination provision deduction be reduced? I retired from the Postal Service as a CSRS employee in 2004. Prior to my Postal Service time, I had 12 years of substantial earnings in the private sector. Since my retirement in 2004, I have worked for 10 years in a job that pays Social Security deductions. So, as of now, at the age of 62, I have 22 years of substantial earnings. I have contacted the Social Security Administration and been told to use…
Q. I am a CSRS Offset employee with five years of “pure” CSRS and 22 years of CSRS Offset and three additional years of Social Security substantial earnings (so 25 years total of substantial Social Security earnings). I am getting different answers as to how much my CSRS annuity will be adjusted at age 62 (i.e., the offset) and how much my Social Security benefit will be affected by the windfall elimination provision. My question is whether the combined benefit at age 62 of CSRS pension plus Social Security benefit ever ends up being less than the CSRS Offset benefit…
Q. My husband is a retired federal employee receiving a CSRS pension. I have been paying Social Security taxes based on my own employment earnings since before we were married. 1. As the wife of a federal employee who is receiving a federal pension, will I receive my full Social Security benefit when I reach retirement age? 2. If I outlive my husband, how much of his federal pension would I receive, and would I also continue to receive my full Social Security? 3. Will he receive Social Security benefits based on employment earnings in nonfederal jobs he held prior…