Q. I will be 61 in August with 26 years of service, CSRS Offset. I’m planning to retire in September. Do I have a deduction on my annuity?
A. Because you will be under age 62 when you retire, there won’t be an immediate reduction in your annuity; however, at age 62 when you first become eligible for a Social Security benefit, your CSRS annuity will be reduced by the amount of Social Security benefit you earned while a CSRS Offset employee.