Q. I am planning to defer my annuity since I am 55, have 20.3 years and plan to take a non-federal position. Can I just resign from my position and file my retirement when I reach 60?
Q. Would you kindly explain the difference between total annuity paid out versus contributions paid out?
Q. I did 10 years active duty and just started a job as a GS position and applied to buy back my military time. I was thinking if I bought back the time, I’d only have to work 10 more as a civilian to get to the 20-year mark. My supervisor told me it doesn’t work that way and that buying back my military time was only to get more money in my annuity when I retire. So now I have to do 20 years as a civilian?
Q. I would like to know if the service computation date changes immediately once I begin buying back my time or once I payoff the time? The other question I have is about leave accrual. I know some folks that have begun paying back their deposit and they have had their SCD adjusted plus they also start accumulating leave at the SCD adjustment rate.
Q. My husband is a civil service employee with 25 years under FERS. Will his health insurance cost be the same when he retires?
Q. You have stated “Annual leave can’t be used to increase your length of service.” I’m not sure what that means. If I have four weeks of annual leave and want my official retirement date to be June 30, for example, why can’t I stop coming to work (i.e., use the annual leave that I earned) four weeks before June 30?
Q. I am a FERS employee with a lot of unused annual leave. If I’m terminated, do I get paid for my unused leave time?
Q. I am currently 61 and retired in December 2017. I am receiving my FERS supplement. On Feb. 3, 2020, I will be 62. When would I receive my first FERS COLA?
Q. I noticed that my Basic life insurance has a 75 percent reduction. I’m aware of the fact that I chose that. What has me puzzled is the amount of insurance before reduction and the amount of insurance after the final reduction.
Q. I was terminated from the U.S. Postal Service under FERS after 20 years of employment at the age of 45 (birth year 1965). At what age am I eligible to receive my pension benefits? Also, how do I calculate how much I will receive?