Q. I am a Navy Reserve 05 with 33 years of service, 12 of them active duty. I was recalled to active duty and have completed eight years of active duty in direct OIF/OEF Presidential Recall. I turn 58 in November and have been accepted to a job at the VA. I could have retired in September and collected money, but I stayed on active duty. Now that I am going to come off orders and work for the VA, how do I choose what to do with the joining of DoD and VA retirement? Can I retire from the…
Browsing: annuity
Q. I’m a FERS employee thinking of retiring at the end of 2014. I’ll be 65, and with time served, military and sick leave (barring any lengthy illness between now and then), I’ll have 29 years, plus a couple of months. I know I’ll be losing some benefits from Social Security, leaving a year early, but what would the loss be from leaving before the 30-year mark?
Q. I am a FERS employee who will retire in 2016 under the 20 years by age 60 rule. I went part time in 2010, with my official tour being 20 hours per week (40 per pay period); however, I usually work 24-30 hours per week due to clinic needs. I get paid for these unscheduled hours. I know my annuity will be prorated to account for my part-time work during my career; however, will the part-time portion be calculated using my official tour of 40 hours per pay period, or will the part-time calculations use the actual number of…
Q. I am under CSRS Offset. I am eligible for Social Security under my own record, but also under my husband’s. Can offset in CSRS be taken from my record if I take my husband’s record, or will it take the offset off my husband’s record? Social Security said I would get more under my husband’s record than my own. So I am wondering if I never apply for my record if my offset will increase each year I don’t take it.
Q. 1. I am a FERS employee with seven years service with the VA (and three years bought back from active duty 1973-1976) totaling 10 years of federal government time. I started at the VA in Tampa on Feb. 21, 2006, at age 54. I was born on Feb. 6, 1952. Is my calculated retirement date Feb. 21, 2003? I had worked six months with the VA until the Army activated me from Aug. 29, 2006, to Aug. 28, 2007. I returned to the VA for six to seven months until March 30, 2008, when I was activated again with…
Q. I have been a federal employee with the Department of Veterans Affairs covered by CSRS since October 1977 and have four years of military service (I paid the military deposit in full). I am 75 and have started receiving Social Security. I will be retiring in about one year and eight months, having reached 41 years and 10 months years of service, including military service, hoping to have earned or reached the 80 percent retirement annuity. I am at the top level of my GS-12 grade step 10. What will my civil service and Social Security benefits be? Or,…
Q. I have 13 years of service as a Secret Service special agent under FERS. I am considering leaving the service at 20 years, but I will be only 43. If I understand correctly, I must maintain a government job until age 50 to receive a retirement package that would give me a 41 percent retirement benefit (34 percent from my Secret Service time and 7 percent from the other government work from age 43-50) plus the full FERS special retirement supplement, as well as being able to maintain my FEHB. Is that true? Am I giving anything up by…
Q. I am a U.S. citizen by birth and retired under CSRS in about 2006 after 27 years at the EPA. Since then, I have consulted part time via contracts with Environment Canada and Health Canada. Now Health Canada has asked if I would like to work there temporarily (not to exceed 90 days a year) as a staff member about one day per week. (It’s not clear whether Health Canada’s policies would allow it.) Does this affect my government pension?
Q. I’ve been working for the Department of Veterans Affairs since February 1991 at GS 11. Before that, I was in the military from October 1981 to February 1988. I haven’t bought back my military time yet, but I am considering it. At what age would I be eligible for retirement with military time included versus without, and what would be the difference in earnings and benefits?
Q. I have a question about MRA+10 retirement. I am a FERS employee, age 58 with 26 years of service. Can I retire now on an unreduced annuity and also collect the special retirement supplement until I reach age 62? Or do I have to deduct 5 percent for each year I am under the age of 62? Or is the 5 percent deducted from age 60 because I have at least 25 years in? In any case, the ability to collect the supplement would be key for me.