Contract work and retirement annuities


Q: I am thinking of retiring in October 2010 with 39 years, one month and 16 days of service. I will be age 58 years, three months at date of retirement. My supervisor would like to hire me back as a contractor for three days a week. Will this affect my net monthly annuity?

A: While being hired as a contractor shouldn’t have any effect on your annuity, you’ll need to check with your agency’s personnel office to find out if it would be acceptable under your agency’s employment guidelines.


About Author

Reg Jones was head of retirement and insurance policy at the Office of Personnel Management. Email your retirement-related questions to

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