Q. If I retire at 59 years and five months with 28+ years of service, under a reduction in force, would I qualify for the special retirement supplement and only be penalized until I reach 60?
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Q. In the 2012 Federal Retirement Handbook, it states that if you meet the following age and service requirements — age 62 and five years — you are entitled to an immediate retirement benefit. I will be 65 years old in May, so I already meet the first requirement. In June, I will have been a federal civilian employee for two years. However, I have 12.3 years of Air Force (1971 to 1984) service, and I plan to make the required deposit so the 12.3 years becomes part of my federal creditable service. Therefore, in June, I will have 14.3…
Q. The following statement was made in an answer to a question ask about post-1956 deposit: “You can’t get a refund of the deposit you made for your active-duty service. What’s done is done. If you retire at age 62 and aren’t eligible for a Social Security benefit at that time, you’ll never have to worry about losing those years and having your annuity recomputed.” I will retire at age 60 and have paid in a post-1956 deposit. I am in CSRS and will have 41 years and eight months with the post-56 deposit (eight years, six months of military…
Q. I was injured in a severe motor vehicle accident and unable (because of doctor’s orders) to return to work. The agency sent me a letter stating that I should return to work and violate the restrictions, apply for FERS disability, or be terminated. I chose to apply for FERS disability and was denied, and now the agency is in the process of terminating me. I am still under doctor’s restrictions. I am over age 50 and have 21 years of combined service: 16.5 military, which I bought back, and seven civil service if they count my leave without pay…
Q. I will have 20 years of congressional employment as of Jan. 23, 2014. I will be 60 years old three months earlier, in October. It is my understanding that members and congressional personal staff will be forced into Affordable Care Act health coverage as of Jan. 1, 2014. Can I retire Dec. 31 and keep my Federal Employees Health Benefits? How will this affect my FERS annuity? A. If you retire as a FERS-covered employee, you would be entitled to a FERS annuity. And if you have five consecutive years under the FEHB program and retired before the Affordable…
Q. I am a 58-year-old CSRS Offset civilian employee with 20 years of federal service. What is the earliest date that I can retire? A. Because you have at least 20 years of service, you could retire on an immediate, unreduced annuity at age 60.
Q. Is there a calculator where you can enter your service type (FERS vs. CSRS), military buyback years and months, current high-3 and projected retirement age to get an accurate retirement estimate? A. You’ll find what you’re looking for at www.fedbens.us.
Q. My husband resigned from a Defense Department agency (non-civil service) after 29 years to work in the private sector. He was under CSRS, never converting to FERS. Before his resignation 10 years ago, he spoke to the agency’s personnel retirement representatives and was told he would still be able to collect retirement but only after he reached the age of 62. They told him that he should start the retirement paperwork six months from his 62nd birthday. Is this information correct? Does he lose the 2 percent for each year under the age of 62 he was when he…
Q. I’m looking to retire sometime this year. I turn 66 on April 2, have 13 years at the Veterans Affairs Department, from which I withdrew funds. I worked in the private sector until 1995, when I started working for the Postal Service. I am under CSRS Offset, and I have essentially bought back my four years in the military. So the total years at the Postal Service would be 18 years + 4 years military = 22 years. Can you explain to me how the offset will apply to me? Will I be able to receive Social Security?
Q. I am 64 with 9.5 years under FERS, but it was split up after 4.7, then a few years later I returned and now have 4.8 years. Could I retire on an immediate retirement and be able to take my Federal Employees Health Benefits along with me? I know if there was an early-out/buyout offer, I could. I was given a service computation date of Feb. 4, 2004. A. You could retire on an immediate annuity because you are at least age 62 and have at least five years of service. And you could carry your FEHB coverage into…