Q. I am a retired soldier with 21 years of service being paid my retirement. I am also a GS FERS employee with 13 years of service. I am 56 and would like to retire in about two years. I have asked for my calculation to see if I should buy back my service time. I assume that if I buy back my time, my military retirement stops immediately. I used your calculator to check my FERS retirement and believe I got the right number for just the 13 years. If I retire under the MRA+10 provision, will I basically…
Browsing: MRA+10
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 worked for the Department of Defense as a civilian physician for 16 years and then transferred to the Veterans Health Administration. I understand physician comparability allowance is part of basic pay for retirement for VHA. So, if I worked for the VHA for two years and then retired because I am at minimum retirement age plus 10, how would my annuity be calculated?
Q. I am a traditional guardsman and am considering federal employment. Does any of my inactive duty or mobilized time count toward retirement or leave accrual? I’m 43. What is the minimum number of years I would need to work to qualify for a pension, even deferred? Whom can I contact for more information?
Q. I retired from the military with full retirement in 1995. I think I understand that I cannot buy back any military time without forfeiting retirement pay when I retire from my federal job with the post office. Since the money comes out of my pocket, I have a hard time understanding this. However, I will have 20 years of service with the post office in 2017, when I am 56. If I take retirement, then why will I have a MRA+10 reduction till age 62 if I can retire fully at 60 with 20? Why would it be 30…
Q. I would like to retire at between 56 and 58 with deferment until I reach age 60 and can draw my reserve retirement. I am a gray area reservist with 20 creditable years of total service. This includes four years and two months of active duty that I bought back after I accepted a FERS position. I have been with FERS for 20 years, including buyback. Will I still be able to draw both retirements since my military retirement is a reserve retirement? In 2017, I will have 25 years, and I would like to retire no later than…
Q. I’m a FERS employee considering retiring under the MRA+10 provision. I’m 59 with 20 years of service. If I postpone the start of my annuity until I reach 60, I know there won’t be any reduction in my annuity. Will I also be eligible for the special retirement supplement if I postpone my annuity?
Q. I am a 55-year-old city mail carrier with 18-plus years of service. How much of a reduction from my full retirement funds would result if I retired at 57 with 20 years of service?
Q. I am a 43-year-old attorney considering leaving federal service for the private sector. I have 9½ years of service, have been enrolled in FEHB for that entire time and am deciding whether any benefit would vest or accrue to me if I stay 10 full years rather than leaving a few months short of that. My human resources specialist says that if I have 10 years of service when I resign, then I would be eligible to apply for an early retirement annuity at age 57 (MRA+10, I think) and re-enroll in FEHB at that age. Is he correct?…
Q. If I retire at 59 years and five months with 28+ years of service, under a reduction in force, would I qualify for the special retirement supplement and only be penalized until I reach 60?