Author Reg Jones

Reg Jones was head of retirement and insurance policy at the Office of Personnel Management. Email your retirement-related questions to fedexperts@federaltimes.com.

Q. Is there any benefit to postponing my retirement pension when I turn age 62? I am eligible then, as I will have the minimum five years’ creditable service through the Department of Veterans Affairs and four years’ active-duty Army. I plan to continue working in the private sector as long as possible. I would prefer to keep my government health insurance and life insurance, if possible.

Q. I am a retired federal government employee since 2013. I paid into Social Security from 1966 through 1983 when the late President Ronald Reagan took all federal employees out of Social Security and placed us into Medicare. How do Medicare benefits help me? My time to apply is three months from April 2018. Will I be penalized due to receiving a very low Social Security check when I will be getting my Medicare card next year?

Q. I am a FERS employee, eligible for early retirement due to 25 years on the job, but I am only 58 years old, so do not qualify for Social Security. Therefore, I am still working. Meanwhile, I would like to apply for Social Security Disability [SSDI]. If I am turned down, I understand I may qualify for FERS disability retirement. Also, would I still be eligible to get my Social Security benefits at age 62? Can I continue to work until I am approved for FERS disability?

Q. I have applied for medical retirement from civil service and am still awaiting for decision from the Office of Personnel Management. If I submitted a letter of resignation before my medical retirement is approved, will this affect my medical retirement approval process? In simpler terms, will this cancel out my medical retirement?

Q. I’m not sure I understand the reasoning for federal retirees to not sign up for Medicare Part B? Are you saying that federal retirees who become eligible for Medicare parts A and B don’t sign up for Part B because there is better coverage under FEHB plans at a lower cost? What about deductibles and co-payments?

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