Ask The Experts: Retirement

By Reg Jones

Retirement date and Jan. 1 raise

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Q. I’m a CSRS employee who planned on retiring either Nov. 30 or Dec. 28. I know we are supposed to get a 1 percent raise Jan. 1. Would it make sense to retire Jan. 3 to get the 1 percent raise?

A. Retiring Jan.3 wouldn’t have any effect on your annuity because the pay increase won’t go into effect until Jan. 12.

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