Q. I have a friend under CSRS who is eligible to retire. If he retires and then changes his mind about being retired, can he be hired/reinstated into another agency at the same grade? Would he lose his CSRS retirement?
A. Once he is retired, he’s on his own when it comes to seeking other employment. He would only be hired at the same grade if his qualifications match the job for which he is applying. If he was hired, in most cases the salary of his new position would be offset by the amount of his annuity.
In rare cases, he would be allowed to receive both his annuity and the unreduced salary of his new position.