Q. I have 22 years federal government time. I was fired in 2007 for missing too many days because of being sick. Do I still get a pension? A. If you left your contributions in the retirement fund when you left, you would be eligible for a deferred annuity at age 62.
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Q. I am A CSRS employee who is retiring Dec. 31 and wish to elect a partial annuity for my husband. He’s a retired civil service employee and receives his own pension. We’ve decided that about 25 percent of my annuity would be sufficient for him. However, on the Application for Immediate Retirement Form, Section F, it seems that I can only elect 55 percent of a fixed dollar amount. If I do this, say 55 percent of 50,000 per year ($27,500), would this amount still be indexed for future cost-of-living adjustments, or would it always remain at $27,500? I’ve asked the retirement…
Q. I withdrew my accumulated retirement money when I left my state ($3,000) and federal ($18,000) jobs in 1978 and 1992. I will not receive any government pensions. Will my being a previous state and or federal employee affect the amount of my Social Security benefit? A. No.
Q. I am a 43-year-old federal law enforcement officer with 20 years of service. I know that I can retire at 25 years of service at age 48 and receive a pension of 39 percent. Can I retire early with the 20 years and receive a reduced pension? How much would it be reduced by? A. You don’t meet the criteria to retire under any scenario. If you are determined to leave, you could resign and apply for a deferred annuity at your minimum retirement age, which would be 56 years, eight months if you were born in 1968 or…
Q: Is a CSRS pension taxed on the initial full calculated pension amount or on the amount after reduction for survivor benefit (I realize there is further reduction of taxable income to account for my contributions throughout the years)? A: It’s based on the reduced amount, not the amount you would have been entitled to if you hadn’t elected a survivor annuity.
Q: Do you know where and who can be contacted to determine time in service BEFORE you retire? I just received a 20-year federal service award dated March 31, 2011. My pay slip states my service computation date as 5/31/1991. What is the difference? How can I find out exactly the amount of time I currently have that will be used for my pension calculations? A: Your service computation date (SCD) is the one that will be used to determine your years of service. You’ll have to check with your personnel office to find out why they selected the earlier…
Q: I am a retired Civil Service Retirement System annuitant with 32 years of Defense Department service. If I accept another civil service position (DoD or otherwise), what are the pay limitations? In my case, what is the pay cap for San Diego, under the 2011 pay scale? Would my pension be considered as part of a total compensation package (Level 1 cap), or part of pay only (level IV cap)? Also, is consideration as a re-employed annuitant feasible? I understand pay-cap limitations are considerably less stringent, but the DoD guidelines are extrememly difficult for the hiring agency to…
Q: Nobody can seem to give me a straight answer to this question: I’m 59 years old and under the Federal Employees Retirement System, with 18 years of service. I had heart bypass surgery four years ago, and I’m now having complications. Because I have to have 20 years of service to qualify for a pension, it appears that my wife will not get my pension if I die before I hit the 20-year mark, which is 20 months away. However, I have reached the minimum retirement age, so if something happens soon, can my wife get my pension, less…
Q: With the ballooning deficits and the fact that the government has regularly “borrowed” from pension funds, should we be worried about actually receiving our full pensions when we retire? A: No, you don’t need to worry, and it doesn’t make any difference whether you are covered by CSRS or FERS. All retirement contributions go into and annuity payments come out of the same place: The Civil Service Retirement and Disability Fund.
Q: Suppose a Civil Service Retirement System employee has over 30 years of federal service and is over age 55, and thus eligible for retirement and pension under CSRS. If this employee has not yet retired, are there any circumstances where the employee can be denied his retirement and pension? Similarly, are any adverse actions in existence that his office can carry out which have the impact of denying the employee his pension? A: Yes. See 5 U.S. Code, Subchapter II, Forfeiture of Annuities and Retired Pay.