Q. I am 51 years old and have 16 years of 6c time in federal law enforcement. I am also a veteran and bought back 11 years of active-duty time, bringing my total federal time to 27 years. I am considering leaving the government for a position with a private company. I want to make sure I understand what I would give up before I leave, and it is my understanding that my benefits would be based on a straight 1.0 percent per year vice 1.7 percent since I will not have completed 20 years of 6c time. I am…
Browsing: 6C
Q. I am 42 with 21 years of 6C FERS retirement service. I have been offered a non-6C position. If I take this position, can I still retire at 46 with 25 years’ total service and with all of the 6C retirements perks, such as the Social Security special retirement supplement? I have heard that if I leave 6C, I would then have to work until age 50 and might lose some of the 6C retirement benefits. A.If you stay in a covered position, you can retire when you have 25 years of service. If you leave for a noncovered…
Q: I recently retired from the FBI in a non-law enforcement position. However, I started federal service in 1971 (Drug Enforcement Administration special agent, customs special agent) and stayed in that position for about 15 years. I then went into the private sector for 18 years. After retiring from the private sector, I returned to the government with the FBI. After a total of 20 years, I retired. The Office of Personnel Management advised me that although I contributed the higher amounts to the 6(c) retirement for three-quarters of my federal service, there was no provision for either a partial-6(c)…
Q: I’m in a 6C law enforcement covered position and will be reaching 20 years of service in that same position this coming January. I will be 46 years old. As soon as I reach 20 years, can I transfer out of the LE series to an administrative job (no 6C coverage) and still have my complete enhanced retirement benefits when I decide to retire 10 years from now? A: Yes, you can.