Browsing: re-employment

Re-employment ramifications

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Q. I retired three years ago under FERS. I am considering applying for another position with the federal government. Will I forfeit any pay or retirement if I am rehired? A. As a rule, the salary of your new position would be offset by the amount of your annuity.

Salary offset

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Q. Is an office closure that forces employees into a Discontinued Service Early Retirement considered voluntary or involuntary when the employee is rehired as a re-employed annuitant.  Namely, if involuntary, not subject to new Federal Salary offset. A. If you choose to retire in the face of a reduction-of-force, your retirement is voluntary. If you are separated by a RIF, it’s involuntary. However, no matter which way you went, it would have no affect on the amount you’d have to contribute to the retirement fund if you were re-employed by the federal government. The higher contribution rate doesn’t apply to…

Leave for school

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Q. I have been working for the government more than 20 years. Can I take leave without pay to go back to school full-time for nine months? A. You can request LWOP. However, the decision to grant it is in your supervisor’s hands, as guided by agency policy. If what you study would increase your value to the agency, the chances of LWOP being granted would be greater than if it didn’t.

CSRS eligibility

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Q. I worked for the post office from 1980 to 1990 and then quit to attend grad school. Although I’ve since become successful, immediately after grad school I needed money and so withdrew it from my CSRS account. Will I be eligible to go back on CSRS if I return to federal service?

Federal, state annuity offset

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Q. I am CSRS and worked 20 years between 1983 and 2004. I am considering taking a job in a Texas school district.  Will there be any offset between my CSRS annuity and my Texas state annuity? A. No, there won’t.

Severance pay

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Q. I am 52 with 17 years in the federal government (FERS). I am not eligible to retire yet and am not eligible for a discontinued service retirement. My agency field office is closing, and I have decided to decline their directed assignment outside of my state. I am eligible for severance pay due to the fact that it is not a reasonable job offer (it is outside of my commuting area, and I am not subject to a mobility agreement). I have submitted my information and found I am eligible to receive one year’s worth of severance payments. I…

Re-employment

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Q. I am a FERS retiree since 2003. May I work as a temporary fire lookout for the same agency? A. There is nothing that would prevent you from being rehired by your former agency if it wanted to do so. However, you need to find out what the effect of taking that job would be. As a rule, the salary of a re-employed annuitant would be reduced by the amount of his annuity. If that turns out to be the case with the temporary lookout position, you’d end up working for nothing.

Re-employed annuitant

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Q. I am 55 years old and took an early retirement offer with an incentive from the Postal Service in August of last year. I had 26 years of full service. I am considering an opportunity to become re-employed part time with the U.S. Forest Service as a GS4 information receptionist at the local visitor center. This is a seasonal position lasting six months a year. How will this affect my Thrift Savings Plan withdrawals and my special retirement supplement when I turn 56? I retired as an EAS-18 postmaster.

Early-out and bonus repayment

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Q. I may be offered an early-out in May. I have been working for the Army Corps of Engineers for the past 34 years. I’m a CSRS employee. If I take the buyout and have a chance to go work for FEMA or the U.S. Forest Service fighting fires out west this summer, can I do this without paying back the bonus? A. According to the Office of Personnel management, “An employee who receives a [Voluntary Separation Incentive Pay] and later accepts employment for compensation with the Government of the United States within five years of the date of the…

VSIP repayment

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Q. I am about to retire as a heavy equipment operator for the Department of Public Works. I have been offered a job as a property book manager with a contractor. Will I have to repay their Voluntary Separation Incentive Pay? A. According to the Office of Personnel Management, “An employee who receives a VSIP and later accepts employment for compensation with the Government of the United States within 5 years of the date of the separation on which the VSIP is based, including work under a personal services contract or other direct contract, must repay the entire amount of…

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