Q. I’ve been retired for five years as a federal law enforcement under FERS (retired at age 53). I am considering applying for a different federal job in an entirely different function/department. The starting pay is considerably less than I made upon retirement, but is right in line with my current skill set. Is there any way I can work in such a position without decreasing my existing retirement pay (even to some minimal degree – say 50%)?
A. Law enforcement retirees are treated no differently than other retirees. Unless you are hired into one of those rare positions where you can receive both your full annuity and your full salary, your salary will be reduced by the amount of your annuity.