Browsing: pension

Q. My 93-year-old father has been retired from the federal government since he was 62. My mother passed away 22 years ago. He wants to marry a very young woman so she can get his pension. I can’t imagine the government would allow this. He is adamant that she will receive his pension if he marries her. A. Yes, he can elect a survivor annuity for a new wife. However, he needs to keep two things in mind. First, she wouldn’t be entitled to anything unless the marriage lasted for nine months before he died. Second, the cost of such…

Q. I have about 23 years of 6c covered law enforcement officer service and turn 50 this year. I’m trying to decide if I want to jump to a private-sector job, and part of my decision will be based on what I am expecting as my FERS pension plus the special retirement supplement we are supposed to get given our mandatory retirement age. I have heard that a recent change in federal law, possibly as part of the Affordable Care Act, eliminated (or will eliminate) this supplement, even though when I started 23 years ago, that was not the law.…

Q. I am 68 years old, I am still working and I have FERS. I had to sign up for Medicare Part A when I reached 66 (my full retirement age under Social Security). It was presented as “mandatory” to sign up for Medicare Part A. When I went in to the Social Security office to get information, they told me that if I am still working and have health care coverage by the federal government, I do not have to sign up for Medicare Part B until after I am retired and I am collecting my retirement pension. However,…

Q. July 2009 was my official government start date. However, I was a contractor to the government in the same agency prior to this time, from April 2005 to July 2009. I was credited service time for leave by the executive officer for the time I worked as a contractor. Therefore, on my SF-50, line 31 lists my service date (leave) time as April 2005. Do I get credit toward retirement for the April 2005 date? How can I confirm what service date applies for pension? Can I access this? Or is the SF-50 the only source which confirms I…

Q. I retired under CSRS in 1995 at age 48. My pension was reduced by 14 percent because I retired seven years before my minimum retirement age of 55. I found that I had to get a job to supplement my income. I have finally met the 40-quarter requirement for Social Security but cannot determine what my benefit would be. The Social Security Administration says I will be getting around $500 a month, but a friend of mine says the amount will be cut in half because I already get a federal pension. If that is true, then I cannot…

Q. My father left my mom and me many years ago and remarried. He passed away a number of years ago. He was a federal employee, and his second wife got his benefits. Am I as his daughter able to receive benefits from his pension? He stopped sending us a check of $50 when I was 16. A. No.

Q. I am a 59-year-old Army civilian and have 30 years of service as of early August. I had left government service and did not withdraw my contributions from CSRS. I came back to the government after a more-than-five-year absence in the private sector. Hence the CSRS Offset status. Instead of retiring, could I resign and apply for my retirement at a latter age, say 62 or later? Between now and that time, I would be working in the private sector again contributing to Social Security. I still do not understand why the CSRS pension is reduced by Social Security…

Q. I am a 6c federal employee with a retirement 6c date of Sept. 28, 1996, and because of my 11 years of military service and buyback, I have a retirement service computation date of Aug. 26, 1985. I am four years away from 20 years of 6c time. However, I might have an opportunity to pursue a career in which I could make substantially more with the ability of working until age 65 if I desire. I should also point out that after my 11 years of military service, I continued with the reserves and will obtain a military…

Q. My husband is drawing his pension from the federal government. At what age can I start drawing my portion of his pension? A. You aren’t entitled to anything while he is alive. If he elected a survivor benefit for you, then you’d be entitled to that if he died before you.

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