Q. I am an air traffic controller under FERS who will retire with 25 years of service at age 49. I also have five years of military service that I’ve bought back, bringing my total to 30 years. I’m unclear on the manner in which my military service will be calculated in my retirement annuity. One possibility would be to declare military service time as part of the 30-year requirement to convert all the years values to 1.7 percent, instead of 1.7 percent for the first 20, then 1 percent after that. The legal language has historically read “30 years of creditable service,”…
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Q. I am an air traffic controller and will be retiring at the end of May at age 51 with 22 years of service. I’m being told the Social Security supplement portion of my retirement will come six to eight months after I leave, and it will not be retroactive. This doesn’t seem accurate as this is a integral part of my three-tier pension system. Am I getting correct information? A. Whoever told you that was mistaken. When you begin receiving your full annuity payment, you’ll be sent a catch-up payment for the money you didn’t get because you were…
Q. Special provision employees’ careers are much shorter than those of typical federal employees.The “20 years service and 50 years old or 25 at any age” requirement for Voluntary Early Retirement Authority mirrors our normal retirement plan. Is there a VERA rule that would allow a firefighter/air traffic controller/ law enforcement officer to get out earlier than the 20 years and 50 years old? A. No.
Q. In February 1992, I retired on disability as an air traffic controller with 10 years of service. I have been receiving a Civil Service Retirement System disability annuity since February 1992. I will be turning 55 in November 2011. Is there a time when my disability retirement will be recalculated to a regular retirement? Do I fall under the special provisions for ATC, retirement at age 50 with 20 years, or any age after 25 years of service? A. As long as you are disabled, your disability annuity will continue. It will never be converted to a regular annuity. While you will be…
Q: Can you confirm that a FERS employee who retires from air traffic control, law enforcement, or fire fighting at their minimum retirement age with 30 years of service in the covered position will have their retirement calculated with all (30 years at 1.7 percent) as opposed to (20 years at 1.7 percent and 10 years at 1 percent)? In addition, lets assume only 15 years in the covered position and 15 years in a non-covered position that the calculation will be (15 years at 1.7 percent) and (15 years at 1 percent)? Lots of people believe that they need at least…
Q. I have not seen this question answered and I know my situation applies to hundreds of employees. I was employed as an air traffic controller for 17.5 years before my branch of Air Traffic (Flight Service) was privatized. Not being eligible for retirement, I was willing but unable to secure another local federal position (air traffic or otherwise), so I went to work for the winning contractor (Lockheed Martin). When Lockheed closed my air traffic facility, I was unemployed. I eventually was rehired by the FAA for a much lower-graded administrative position. For 17.5 years as an air traffic…
Q I have been an air traffic controller since November 1985. I was born in 1960. If I work until I am 56 (mandatory retirement), am I then, or at anytime, eligible for the 1.7 percent calculator for all the 30+ years I am employed? A. If you are an ATCS with 30+ years and retire at age 56, you have the option of the regular computation, 20 years at 1.7% and remaining years at 1%, or all years at 1.7%, however, if you choose the 1.7% for all years, you would get no cost of living adjustment until you…