Annuity value

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Q. I worked for the Postal Service as a full time letter carrier for 23 years. I left the Postal Service in 2008. I would like to know what the value of the retirement account is if I took the cash out now in a lump sum?

A. As a former FERS employee, you’d be entitled to a refund of your retirement contributions plus accrued interest. To find out how much that would be, write to:

Office of Personnel Management

Federal Employees Retirement System

P.O. Box 45

Boyers, PA 16020

Include your full name, date of birth, Social Security number, and where and when you were last employed by the government.

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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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