Q. I completed a full one-year internship with the Veterans Affairs Department system (with annual leave and sick leave earnings) prior to my current federal employment. Three years after this internship ended, I obtained a job at a VA hospital. I have known other VA employees who have had this period counts toward changes in annual leave accrual from four to six hours. Upon my hire, I was informed that the VA hospital I worked at had some of the documentation but was missing a specific form required to change annual leave calculation. Hence, our human resources office could not…
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Q. I am looking at my Federal Employee Benefits Statement. Can you tell me what the difference is between the estimated annuity without survivorship, with max survivorship, and annuity to survivor? A. If you are unmarried, you would receive the full benefit to which you are entitled based on your years of service, high-3 and the formula used to calculate an annuity (either CSRS or FERS). If you are married, you are required by law to provide a full survivor annuity to your spouse (55 percent for CSRS; 50 percent for FERS). Under CSRS, you could provide any amount of…
Q. If I were to retire Jan. 3, 2013, and will turn 55 on July 7, how is the CSRS early retirement penalty computed? Is it by days or months? A. In months, with a reduction of 1/6 percent per month.