Q. I have 20 years of service under FERS, but I am only 41. If I work a few more years, take a deferred retirement, and then die before reaching age 60, will my wife still be entitled to claim the survivor benefit/annuity? Can you point me to the reference? A. Yes. You’ll find the reference you are looking for at www.opm.gov/pubs/handbook/C072.pdf.
Browsing: Deferred retirement
Q. Can I carry health insurance into retirement if I defer retirement at age 54 (my minimum retirement age is 56 years) and start an annuity (to pay for the FEHB) at the time of my deferred retirement? The following are given: I will be age 54 years in May. I have 32 years of government service. I have had continuous FEHB coverage for the past five years and more. A. No. Deferred retirees can neither continue their FEHB enrollment when they leave government nor may they re-enroll when they begin receiving their annuity. They will, however, receive a 31-day…
Q. If I have 20 years of federal service but choose to leave at age 48 to work in the private sector, will I be eligible to receive my retirement at age 50 or will it be deferred until my minimum retirement age? A. You won’t be eligible for a deferred retirement until you reach your minimum retirement age. FYI: Deferred retirees aren’t eligible for the special retirement supplement nor are they able to re-enroll in the Federal Employees Health Benefits or Federal Employees’ Group Life Insurance programs.
Q. I am a federal employee with 10 years of consecutive service from 2001 to 2011. I would like to resign my position in August. What are my options for a deferred retirement? Please include every available scenario. A. There’s only one scenario. If you resign from your position and leave your contributions in the retirement fund, you can apply for a deferred annuity at age 62.
Q: I have 31 years of credible federal service and am 51 years of age. I would like to take an early retirement. I have been told I can take a “deferred retirement” until 2010 (56 years of age) without penalty. However, I cannot locate any formal OPM documents that clearly state this is accurate. Your thoughts would be greatly appreciated. A: The information you are looking for will be found at www.opm.gov/retire/pubs/handbook/C045.pdf. Assuming that you are covered by FERS, you would be able to receive a deferred retirement at your minimum retirement age. If you are covered by CSRS, you wouldn’t be eligible…
Q: I have a co-worker who is under the Federal Employees Retirement System. She has a little more than 24 years of federal service and just turned 49. She has gone through two performance improvement periods and is facing the possibility of involuntary separation because of performance issues. She has been given a notice of intention to separate her from service. She responded with some reasons why it shouldn’t happen at all and also with other possible solutions, such as a downgrade and/or transfer, or putting her on leave/leave without pay until she is eligible for a discontinued service retirement.…
Q: I am a Federal Employees Retirement System employee who has bought back her active-duty military time. I’m resigning with 31 years effective July 5, 2010, but I haven’t reached my minimum retirement age. From my understanding, I can apply for retirement three months prior to reaching my MRA (Oct 14, 2011), without any problems. I was also told that I will not have any health and medical benefits — which I don’t have because I am a dependent wife of a retiree. I just want to make sure that I will have no problems when I apply for my…
Q. I am a federal employee under FERS retirement. I would like to leave federal service with 21 years of service at age 57 (MRA=56). I also have over five continuous years of enrollment in FEHB. I am considering the deferred retirement. Question One: Can I start my FERS annuity at age 60, without any penalties? Question Two: can I re-enroll in FEHB and will my agency make similar contributions as when I was federally employed? A. Under your scenario of age 57 and 21 years of service, you would have to retire under the MRA+10 provision. Your annuity would…