Q. I am a FERS employee with slightly less than five years’ creditable service. If I am the victim of a reduction in force before I reach the five-year point, will any unused leave be counted toward creditable service? A. No.
Browsing: reduction-in-force
Q. I am a term FAA employee. I was a permanent employee with the Department of Defense. I have 13 years of civil service. I have no military time. For 11 of the 13 years, I was a permanent employee with the Department of Defense. If a reduction in force occurs, do I as a term employee received the separation incentives usually offered to permanent employees? What benefits are term employees allowed, such as priority placement program, return rights, etc.? A. You couldn’t receive a voluntary separation incentive payment because only employees serving in an appointment without time limit are…
Q. I’m 53 with 27 years and 10 months. I could get six months of military service for Army Reserve full-time training credit. I’m in a term position. If I’m given a reduction in force, what are my options? Can I defer my retirement until my minimum retirement age of 56? If so, would I lose my health and insurance benefits? If I’m RIF’ed and do not defer, does that means I lost health benefits? A. If you receive a RIF notice, you have two choices. You can either sit tight and see if you are going to be separated,…
Q. I was separated by a reduction in force in March 1996. I left all retirement dollars in CSRS. I have more than 21 years of combined federal service from the Department of the Army and Department of Energy. I am 56. Can I apply for a deferred retirement at age 60 (with over 20 years service) since my separation from DOE was due to a reduction in force, or do I have to wait until age 62 to apply for my deferred retirement? A. As a former CSRS employee, your only option is to apply for a deferred annuity…
Q. I am a career conditional employee with 1½ years total civilian service time who is eligible to buy back my military time. Due to the current budget constraints, I fear that I could be subject to a reduction in force. If I buy back my time and am RIF’d prior to completing my five years of civilian service that are required to be vested in FERS, what happens to my military deposit? A. You’ll have a choice to make. You can either ask to have that money refunded to you or you can leave it in the fund. If…
Q. I am eligible for and have quickly submitted the interest form for Voluntary Early Retirement Authority three times now. I am a GS-11 with 25 years and seven months of service at 56 years of age. I have been turned down twice and fear being turned down again. I have been told that it won’t save someone else’s job or variably because they can’t hire behind me. How are successful VERA applicants chosen? My job is not so specialized that someone couldn’t backfill. There are plenty of other people at my level with the same job series. I understand…
Q. I will be RIF’ed on July 29 with 24 years and seven months of service. Do I qualify for a discontinued service retirement? How much will my annuity be reduced? I am 43 years of age. I am covered in a law enforcement officer position. Additionally, I have six months of sick leave. Can I use this time to meet the 25-year DSR time period for any age? A. You aren’t eligible for a discontinued service retirement. To be eligible for a DSR, you’d have to be age 50 with 20 years of service or any age with 25.…
Q. I have 36 years of creditable service under CSRS, and I am 56 years of age. In a reduction-in-force situation, assuming I was not placed in another government position, would I be entitled to both 52 weeks severance pay and an immediate annuity? A. Because you’d be eligible for an annuity, you wouldn’t be eligible for severance pay.
Q. I am a FERS retiree who was RIF’d into retirement in October 2009 with 27 years of service. I reached my minimum retirement age of 56 on Jan 4. I understand I will receive the special retirement supplement for first year regardless of my employment income. Will that continue for the 12 calendar months from February through January 2014? Or is it only until Dec. 31, which would be 11 months? After that first year, I understand that the Office of Personnel Management will evaluate my previous year’s income (I assume total 2013) and then cut off my supplement or at least adjust…
Q. I am 57 and have 27 years of service as a FERS employee with the Interior Department. I am in an RIF situation and would like to know my options. It appears, because of my age, that I am eligible for an immediate annuity. Will my annuity be reduced because of my age and my being three years short of 30 years of service? A. Yes, you will be eligible to retire, and you won’t be penalized because you are short of the 30 years of service normally required for an immediate, unreduced annuity.