Q. Is the offset to my CSRS Offset retirement benefit calculated before the windfall elimination provision is applied to my Social Security annuity? That would seem to mean that my overall monies received would be reduced at age 62. When will I know what my new CSRS annuity will be with the offset? I turn 62 in December.
A. Since you retired before age 62, at age 62 your CSRS annuity will be reduced by the amount of Social Security benefit you earned while a CSRS Offset employee. At that time, OPM will match its files with those of the Social Security Administration to determine both the amount of the Social Security benefit you earned while a CSRS Offset employee and the amount of the Social Security reduction, if you have fewer that 30 years of substantial earnings under Social Security. There is no way to predict how long it will take for your case to be processed nor what your new annuity and Social Security benefit will be.