Ask The Experts: Retirement

By Reg Jones

Offset reduction

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Q. I’m looking to retire after 38 years of federal service, including 4+ military & 4+ postal. I left the post office and returned to federal service a year later in 1985. I was included as a CSRS Offset, paid my military deposit and have paid into Social Security for over 39 yrs. When I retire, will my CSRS retirement be affected by a reduction when I apply and receive Social Security, or will my Social Security be reduced? The way I read most articles, is that I will receive my federal pension and Social Security without a reduction. Am I correct?
A. As long as you have 30 years of substantial earnings under Social Security, there won’t be any reduction in your Social Security benefit. However, your CSRS annuity will be offset (reduced) by the amount of Social Security benefit you earned while a CSRS Offset employee.

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