Q. What is the difference between being vested in the retirement service and being eligible for a retirement benefit?
Browsing: Creditable service: FERS
Q. Am I right that the only way to have the 1.1 multiplier used in the computation of my FERS annuity is if I retire at 62 with at least 20 years of creditable service?
Q. I worked in Saudi Arabia as an Army civil servant from 2012-2016. I now work in the U.S. at Marine Corps Base Camp Pendleton where I receive locality pay. If I work here for two years, how is my retirement pay under FERS (42 years of service) computed? What if I spend one year overseas (no locality pay) and two years stateside (with locality pay) — do I get the average of the three years?
Q. My mother retired from the U.S. Postal Service in 1997 or 1998. She came in under CSRS and later FERS; however, I guess she did not pay into Social Security at the time, unknowingly. But she worked for years with the state prior to that and was not given credit for it. She receives the bare minimum from Supplemental Security Income. Is there anything that I can do to help her? She has worked more than 50 years to only receive $250 per month.
Q. Can people who retired under the Civil Service Retirement System get the special Social Security supplement?
Q. I am a FERS employee wanting to retire on Dec. 31, 2017, with 35 years of service and 425 hours of annual leave with which to take as a lump-sum payout. Since the pay period ends in and the actual pay date is in January 2018, will my payout be counted as income for 2017 or 2018?
Q. How many years do you have to work for the United States Postal Service before you are pension eligible?
Q. I am a Navy veteran and also worked at the post office for 20 years. I left early for a career change but didn’t fill out any paperwork. Is it true that I can apply for retirement benefits when I reach the age of 55, which will be in September 2016?
Q. How do you apply for the special retirement supplement? My husband is working on his FERS retirement package and there is nothing in it to complete about it. Is there a form or something else to go with the retirement package? He is 56 and has 30-plus years, 8 years of military time. We understand military time is excluded.
Q. I’m planning to retire in October 2019. I will be 58 years old with 30 years of FERS (including 11 years as a law enforcement officer), and eight and a half years of military service (I bought back my time). Will I incur penalties for retiring before 60? Am I eligible for the OPM supplemental Social Security benefit?