Q: I am working full time as a Coast Guard civilian. I have Mail Handler’s self-only medical insurance, but I am also covered by my wife’s medical insurance, which is what I really use. Her provider sent me a letter informing me that because she is retired and I’m turning 65 on April 28 that I need to sign up for Medicare Parts A and B to continue my coverage through them. I signed up with her insurance company as a single member and my wife changed her plan. Her former employer and her annuity will continue to pay for…
Browsing: part-time
Q: I am a Title 38 Veterans Health Administration part-time registered nurse and will be going full time my final three years. I will be retiring with 31 years of service at age 58. Are my part-time years computed on a prorated basis for my retirement annuity? A: Without getting into agonizing detail, your period of part-time service will be treated as if it were full-time service when determining your eligibility to retire; however, because you were less than full time, when computing your annuity, that period will be prorated. For example, if you had 30 years of service and…
Q: I am covered by the Federal Employees Retirement System. I have six years of part-time service in and want to carry Federal Employee Health Benefits coverage for the last six years of federal service, which will give me a total of 12 years of federal employment. If I resign from federal employment after the 12 years, will I be able to pick up my FEHB coverage as well as collect my annuity at age 62? A: No, you won’t. No one who applies for a deferred annuity is eligible to re-enroll in the Federal Employees Health Benefits program.
Q: I will be eligible to retire from the government with 32 years of service in November 2013. I am considering going to a part-time schedule (32 hours per week) for family reasons beginning in September 2010. Under new guidelines for computing annuities for part-time employees, how will this affect my “high 3?” A: For high-3 purposes, your part-time service will be treated as if you had been working full-time; therefore, your annuity will still be based on your highest three consecutive years of average salary. On the other hand, your service credit for that period of part-time employment will…
Q: I know a new law was passed so federal retirees could return to part-time federal employment without having their retirement annuities affected. I have not seen any details from the Office of Personnel Management on how this is done and recorded if an agency wished to do so. Do you have any information on this? A: The National Defense Authorization Act for 2010 included a provision that allows Civil Service Retirement System and Federal Employees Retirement System non-disability retirees to be re-employed on a limited basis and receive both their full annuities and the unreduced salaries of their new…
Q. I am eligible for retirement under CSRS with over 30 years of employment with the USGS. One intriguing retirement option was the proposal that was floated last year regarding a transition into retirement by working part time. I understand this proposal has been recently finalized; however, my main concern is how this legislation affects retirement benefits at the “high 3” level. A. There hasn’t been any change in law regarding a transition into retirement by working part time. However, there has been a change to the way that the annuities of part-time CSRS employees are calculated, which will produce…
Q. I retired from DoD in 2007 under Civil Service Retirement System at age 56 with 31 years of service. In 2008, I went back to work for DoD as a part-time employee working 16 hours per week (832 hours per year). I was hired to fulfill functions critical to the mission of my agency. My SF 50 lists me as a permanent employee and my Annuitant Indicator is CS-No Reduction. My question is: Assuming my employer wants me to continue working, how long can I work on my current part-time job? I have read that an appointment cannot last…
Q: I’m currently 62 years old with 29 years in federal civil service (Civil Service Retirement System), three years of prior military service and a service computation date of March 28, 1977. I plan to retire in 2010 and may have the opportunity to continue as a part-time employee. If I am re-employed by the federal government (possibly on the same job), would I be in the CSRS or the Federal Employees Retirement System? In addition, I have 25 credit hours with Social Security and need 15 more hours to make up for the 40 credit hours requirement to be…
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.