Q. I retired from federal service in September. While I was working in Europe, I earned home leave, and it has remained on my leave and earnings statement since I returned to the continental Unites States in 2004. Will I receive pay for it when I retire? A. As a rule, home leave may be taken only during service abroad or within a reasonable period after you return from service abroad and are expected to return to service abroad immediately or on completion of an assignment in the U.S. Since home leave is grated at the discretion of an agency,…
Browsing: retirement pay
Q. I worked a little less than six years, from September 2005 to July 2011, as a Foreign Service officer. I was 60½ when I left the Foreign Service as a direct hire and am now working there as a contractor. A document from the Office of Retirement indicates that I am eligible to receive retirement pay beginning in December 2012, when I turn 62, but now I am about to start a civil service job with the Department of Defense. Will I still receive my retirement pay from DoS? A. Yes, but the salary of your new position may…
Q. I was an employee under CSRS for 15 years and nine months. I took a Voluntary Separation Incentive Payment and withdrew my retirement pay. I am recently rehired and will go under the CSRS Offset. How can I determine what the repayment would be with interest? A. There’s only one way to find out how much you owe. Download a copy of Standard Form 2803, Application to Make Deposit or Redeposit, fill it out and send it to the Office of Personnel Management, Retirement Services and Management Group, P.O. Box 45, Boyers, PA 16017-0045. When they’ve told you how…
Q: I am a retired naval officer and have been a civil servant for 15 years. When I ultimately retire from the civil service can I continue to receive my Navy retired pay as well as a civil service pension? A: Yes.
Q: I was in the Air Force from May 1980 to June 1993. I took a separation incentive. I have been in Federal Employees Retirement System from 1993 to present. What do I do to get the best possible retirement pay? Buy back time? Would I have to pay back the separation incentive? I am 48 years old. A: If you want to get credit for your years of active duty service, you’ll have to make a deposit to the civilian retirement fund. In your case, that would be 3 percent of your basic military pay, not including any allowances…