Military buyback, federal retirement and Social Security

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Q. I retired from the FAA in 2003 with 21 years of service, and I receive 50 percent of my base pay. I also am qualified for Social Security. I bought back my military service. I know my Social Security benefits will be lowered as I receive a pension from OPM. I am planning on taking my Social Security benefits when I turn 62. Will I still receive my 50 percent pension from OPM?

A. Yes. The windfall elimination provision only applies to the Social Security benefit of anyone who receives an annuity from a retirement system, like CSRS, where he didn’t pay Social Security taxes.

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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 fedexperts@federaltimes.com.

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