Q. I started getting Postal Service and Social Security disability in 1994. I am in CSRS Offset, not FERS. I started a job, and they stopped my Social Security disability because my earnings were substantial. I am 65. I applied for Social Security, since I will be 66 in July. My Social Security is 30 percent less than I received under Social Security disability. The clerk at Social Security said they had been paying me too much disability each month, but since it had been more than four years since the error on their part, they would not try to…
Browsing: FERS
Q. A friend has run into some hard times, and I am trying to help him. He says he has worked here as a civil service employee for some time (I can get that info). When he was hired, he was put into CSRS but was supposed to be in FERS. When that was discovered, he was put into CSRS offset. He says while he was looking at a statement of his retirement money, he noticed a difference of some $40,000 from one of his other statements. He is a WG-10 step 5. Whom could we talk with to get…
Q. I am a 29-year-old FERS employee with 3½ years of service. Given sequestration and budget cuts, I fear my position may be eliminated long before I’m able to retire (MRA of 57). I’m trying to be as financially prepared as possible. I understand that I am entitled to my contributions (plus interest) to FERS regardless of years of service. I’m trying to understand when I am entitled to the government’s contribution to FERS. Is it after five years of service? For example, if I have five years of service but am let go because of budget cuts in year…
Q. I retired on disability in June 2011 because of multiple health issues. Is the annuity I receive now from my FERS contributions (made since 1991)? I never applied for FERS contributions.
Q. I retired in June 2010 at 56 with more than 30 years’ service. I receive a regular FERS retirement, not disability. But I do have a disability — an above-the-knee amputation. If I apply for and receive Social Security Disability Insurance, how will my FERS retirement be affected?
Q. I am 64, under CSRS, and my wife is 55, under FERS. I am the subscriber for FEHB. If I retire, would it be advantageous to have her carry health insurance for our family, or should I just continue with things as they are?
Q. I’m 44 with 16 years in a covered federal law enforcement position plus three military years (which I haven’t bought back yet). How soon can I retire? When I reach 20 years in service, I’ll be only 48, or do I have to wait to reach 50? Could I retire then, and if so, what would I be leaving on the table?
Q. Will I still be able to keep my FEHB coverage at the employee rate with 20 years of service under FERS if I leave federal service at age 59? Do I have to wait until age 62 to get my full annuity with 20 years of service under FERS ?
Q. I am a FERS retiree on a discontinued service retirement/involuntary because my agency was closed in 2012. I have applied and will interview for a permanent part-time economic assistant position with the Department of Labor. I’m trying to determine: 1) Will I remain retired if I get and take this permanent part-time position? 2) Can I receive my full annuity and this part-time salary, or is my salary reduced? 3) If my salary is reduced, how do I calculate the reduction? 4) What other benefits are there of taking a part-time position in my case? For example, how much…
Q. I work for the federal Bureau of Prisons under FERS. I have eight years of active military paid for and five years’ civilian service. If I resign my position, will I be eligible to collect a deferred annuity at 57, my MRA, with the 5 percent penalty, because that will be more than 10 years’ government service combined, or will I have to wait till age 62?