Browsing: terminate

Q. Because of the budget cuts, my job will be terminated soon. I have been working on a four-year term position (this is the second term, back to back) receiving both full annuity and full salary. I receive and accrue annual leave and sick leave. When I retired some years ago after 29 years of service, I was paid a lump sum for unused leave. In my current situation, will I be eligible to get a lump-sum payment for unused annual leave when I am terminated from this tour? I will not be retiring again, but I will be terminated.…

Q. I am a FERS employee with 31 years of creditable service but will not reach my minimum retirement age (56) until May 2013. I am faced with possible termination but plan to resign. I understand that deferred retirees are not eligible for supplemental annuity, nor are they eligible to enroll in life insurance and health benefits. What if I am terminated rather than resigning? Will I be eligible for immediate annuity plus supplement and eligible to enroll in health benefits? Or I will only be eligible for deferred retirement in 2013 after reaching my MRA? A. It won’t make any difference to…

Q. If my spouse and I both agree to terminate our full survivor election, can we do this or does it only end when one of us dies? A. Once a survivor annuity is elected, it can’t be revoked. However, if the spouse for whom it was elected dies first, the retiree’s annuity will be prospectively restored to the amount it would have been had he not elected a survivor annuity.

Q. I have 22 years federal government time. I was fired in 2007 for missing too many days because of being sick. Do I still get a pension? A. If you left your contributions in the retirement fund when you left, you would be eligible for a deferred annuity at age 62.

Q: How do I terminate a retired annuitant from the agreed-upon year of service needed at the time? Will paperwork be needed? What if the service provided by the retired annuitant is not working out for the organization, are we just stuck with the situation or is there a regulation that I can reference to ensure we are not faced with stiff penalties later? A: Re-employed annuitants serve at the will of the appointing officer and can be terminated at any time.