Q. I have heard that for CSRS employees who retire effective Jan. 3, 2014, my retirement pay will not be affected by the furlough, but if I retire anytime after Jan. 3, 2014, my pay will be 2 percent less.
A. Either someone fed you a load of nonsense or you need your hearing tested. First, only employees can be furloughed. Furloughs have no effect on a retirement annuity. Second, for CSRS employees, the only consequence of retiring after Jan. 3 is that they wouldn’t be on the annuity roll until the following month.
