Q. On 11/29/2003, I was forced to retire involuntary from the Department of the Navy as a result of a reduction in force. I was a FERS annuitant and received an annuity. On 3/8/2004, I was rehired as a re-employment annuitant with the Defense Commissary Agency (DeCA). When starting my new job at new agency, the human resources office placed me in the Federal Employees Retirement System (FERS). Each of my paychecks saw a deduction to contribute to FERS and I also contributed an amount to the Thrift Savings Plan. The HR office also sent me a letter to state…
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Q. At age 55, with 24 years and four month’s service under FERS, I accepted the U.S. Postal Service offer of Voluntary Early Retirement, effective Aug. 1, 2009, because of my eligibility to start receiving my OPM Special Retirement Supplement (SRS) upon reaching the minimum retirement age (MRA) in July 2010. Since retiring nine months ago I have received no information about my SRS from the USPS or OPM. In all of the vast amount of available information on the SRS, I have found no instructions on if, how to or to whom I must apply for it. Since I…
Q. On Feb 16, you answered the below stated question, Can I please get some more information on this. Any reference or regulation you were using. We have a firefighter who will be retiring in the next nine months who was told by our CPAC (Army Civilian Personnel Office) that even though he will have 20+ years as a firefighter, If he leaves special retirement and transfers to another job instead of retiring that is outside of the special retirement, that he will lose it, and when he finally retires, it will be a normal retirement rate even though he…
Q. I am retiring and live in Alaska. I want to determine how and when I would be allowed to buy back the locality pay/COLA pay percentage I worked for, since January of 2010. I am suppose to be able to buy back the portion of my locality pay rate that I would be entitled to. The P.L. 111-84 was effective Jan. 1, 2010 and I retire on April 2, 2010. That would amount to three months that I could pay back to obtain the full RUS rate, which is 13.86 percent for this part of the year that I…
Q: I’ve been trying to find details on the new Federal Employees Retirement System Redeposit, but have had no luck. Do you have any details? A: The Office of Personnel Management is still working up guidance and revising the application form. If you are retiring in the near future, OPM will tell you now how much you owe and let you make the redeposit before they finish processing your retirement application. If you aren’t retiring soon and are simply eager to get the paperwork moving, you can fill out a copy of the current Standard Form 3107, Application for Immediate…
Q: I started working for the Postal Service in January of 1995 as a PTF clerk. Now I am a full-time employee. Under the Federal Employees Retirement System, how do my part-time hours get counted for retirement time? Over 14 years, I have between 12,000 and 13,000 hours. A: Go to to Office of Personnel Management’s chapter on the computation for part-time employees and scroll down to Subchapter 55B, Part 55B2.
Q: Can you tell me if applications are now available for the newly announced public service loan forgiveness option? I heard that the Office of Personnel Management was supposed to have made an announcement on this subject several weeks ago. A: This is not an OPM program. However, when I checked with them, they informed me that you can get information about it by calling 1-800-FED-AID or visiting www.studentaid.ed.gov.
Q: My son has recently been dropped from my health care because he reached the age of 22. I have heard that there might be an extension of health benefits for dependents. Has there been any decision on this? Also, are there any provisions of adding dependents after the open health benefits period, which is approaching. A: Extending the age at which dependents may be covered by the Federal Employees Health Benefits program would require a change in the law. Although such a change was proposed by the previous Office of Personnel Management director, Congress has so far has taken…