Q: I worked for the government, from 1974 to 1979, and when I left I withdrew my CSRS retirement money. I returned to the government in 1982 and plan on retiring with 35 years (CSRS) of service in July 2011. For those five years, if I do not repay the retirement money, can you tell me how much I will be penalized? I did not understand your response from the article ‘CSRS retirement money payback,’ dated Dec. 13, which read: If you make a deposit, your annuity when you retire will be increased by approximately 30 percent (2 percent times…
Browsing: re-employment
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: The secretary of Defense authorized agencies to rehire annuitants with full pay and full annuities on March 18, 2004. If I retire under disability (through the Federal Employees Retirement System) and am rehired under this authority, am I still subject to the Office of Personnel Management’s 80 percent rule, whereby I would lose my disability annuity if I earn more than 80 percent of my former salary? A: Disability annuitants cannot be hired under this authority.
Q: I retired as a federal law enforcement officer (Series 1811, Treasury IRS Criminal Investigations) during 2010, and accepted a federal excepted service, law enforcement position with Department of Defense’s Inspector General the very next day. Do I have to worry about cashing out my annual leave (approximately 350 hours) with Treasury? Do I need a break in service equal to the annual leave time before I begin/began work with DoD, before the annual leave is cashed out? Both HR departments did not mention any such treatment of annual leave. An employee in my similar situation advised that I may…
Q: I will be retiring under CSRS and plan on returning as a rehired annuitant under the National Defense Authorization Act hiring authority for the part-time re-employment of civilian retirees. What is the minimum break in service necessary to obtain a payout for unused annual leave? A: You misunderstand how the process works. When you retire, your unused annual leave will be projected forward as if you were still on the payroll. When you return to work for the government, you will have to repay any part of the lump-sum annual leave payment that overlaps with your period of re-employment. For example,…
Q: I currently have an employee who insists on retiring at the end of the current year. This individual has agreed to work as a part-time rehired annuitant for a period not to exceed one year. The issue is this: She has 240 hours of carry-over leave, 168 hours of unused leave for this year and 120 hours of restored leave. Can the individual get paid for the leave and return to work immediately? A: No. She would lose any leave that exceeded 240 hours, and that 240 hours would be carried over to her temporary position. Because unused leave is…
Q: I plan to retire on Dec. 31 under FERS. I will have 320 hours of annual leave at that date. I have been asked to come back to work on Jan. 11, 2011 in a temporary appointment. I know if I get paid for my annual leave I would have to pay back the value of the leave if I return before the 320 hours would have been used. Can payroll withhold payment of the annual leave until I return and recredit it to me? Since it is more than 240 hours (use or lose), will I lose any of…
I’ve been a FERS disability retiree since 2004. I’m writing because I’m trying to decide if it’s safe to re-enter federal service and not lose my annuity. I still have good skills and would like to do something productive if given the opportunity. My understanding is that under FERS disability I can return to federal service and not have my annuity terminated under certain conditions. Q1: I need to make sure (1) I don’t exceed 80 percent of my outgoing basic pay and (2) avoid accepting a job similar to the one I left. Is this correct? Example, my 80 percent ceiling is…
Q: I am 56 years of age with 21 years of service under FERS with the Department of Defense Education Activity. I took voluntary early retirement in June What are the restrictions for taking another full-time permanent federal position with a different agency? Also, how will it affect my benefits/annuity? A: Your annuity will stop and you’ll be treated like any other employee. You wouldn’t be able to retire again on an immediate annuity until you met the age and service requirements. Of course. you could retire under the MRA+10 provision; however, your annuity would be reduced by 5 percent for every year you…
Q: I have a question on returning back to work part time in a federal job. I retired in February 2004 from the Postal Service. I retired in the Federal Employees Retirement System. I am thinking of returning back to work with the Transportation Security Administration. If I do, will it affect or reduce my annuity and my supplemental allowance? A: Unless you are hired into a position that allows you to keep both your annuity and the full salary of your position, your new salary will be reduced by the amount of your annuity. Check before accepting the job.