Q. I am a 29-year-old federal employee and I may have to move at some point in next few years because of my husband’s work or if I go back to school. I have been working for 2½ years; if I leave, I am hoping to return to a job in the federal government at some point). I am wondering how vesting works for my FERS annuity. Will I have to work a consecutive five years to keep both before I can leave, or do I bank that time if I decide to come back? For example, if I work…
Browsing: accrued interest
Q. I recently retired from a federal ARS position having 35 years, three months and nine days of creditable service. I was informed for the first time to pay an accrued interest of $955 for FICA service ($529) for a period when I was first employed back in 1976, which I did. I have requested that OPM review this interest charge, but I have not gotten a response. This service period doesn’t appear to me to have been included in computing my CSRS computation service for retirement or my buyout payment — which I find questionable. Because I was never…