Q. I am under FERS and have 30 years of service as of February. I will not be eligible for voluntary retirement until July 2013, when I will be 56. After completing 30 years of service and prior to my 56th birthday, I may be required to take extended leave, including leave without pay, to care for my elderly mother, who is in poor health. How will leave without pay affect my retirement? A. First things first. You’ll have to get you supervisor’s approval to take extended leave without pay. If your request is granted, taking up to six months…
Browsing: voluntary
Q. If a person takes voluntary separation incentive payments can he work for a private contractor that has a contract with the government as long as he is not the owner of or direct contractor for the company? A. Yes, you can do that without having to repay the VSIP. You would only have to do that if you were re-employed by the federal government or working under a personal services contract or other direct contract within five years of the date you received that payment.