Pension reduction


Q: I am a CSRS Offset annuitant. I know when I reach 62, my pension will be reduced by the amount Social Security will pay at age 62 if I apply.  If I wait and apply later, will I get more from Social Security, or will my pension just be further offset? For example, if my Social Security is $200 at 62, they will take $200 out of my pension. If I wait until age 65 and for example my Social Security is $500, will they reduce my pension by $200 or $500? In other words, is there a financial benefit to waiting under CSRS offset?

A: The annuity of a CSRS Offset employee is automatically reduced at age 62, whether or not you apply for a Social Security benefit.


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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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