By Reg Jones
Q. If I go on phased retirement at age 60, and then work in phased retirement until age 62, do I then receive the 1.1 annuity multiplier when I fully retire?
Q. My husband is a federal police officer on Fort Benning, Ga. The police officers do not receive law enforcement pay, but the firefighters do. Does law enforcement pay affect retirement very much?
Q. I have 21 years of FERS employment and, before working for the government, I had seven years with Florida Retirement System, working for state government. I recently heard that my previous state government work might be creditable with my current government employment. Can I file for my credit of service from the state retirement system to credit to my federal government work? I still have about three more years before I am 63 and able to retire.
Q. I am a FERS-covered firefighter with a retirement date of Dec. 30.
I have been on the job since Dec. 30, 1984 (at retirement, I will have 29 years and one day) and I am 49. I have easily met the FERS firefighter retirement requirement of 25 years, any age.
I know the mandatory retirement age is 57 (I don’t need to concern myself with that).
I have been informed to be prepared for three to four months (potentially up to six months) before I would receive a “full/normal” retirement check.
I have recently started a small business which will be my self-employment after the fire department retirement.
I have read that I would be exempt from the “earnings test” as it pertains to the special retirement supplement reduction until I reach the minimum retirement age.
1. Is there a minimum retirement age for firefighters? If so, what is that age?
2. Have I already passed that age?
3. Is there a limit on what I can make in my self-employment and still draw the Social Security supplement?
4. Is three to four months (or more) to receive a “full/normal” retirement check a true/realistic time frame?
5. Is it true that “scheduled/mandatory” overtime is to be included along with the high-3 calculations?
Q. I am a FERS employee. I am 57 with 26 years of service.
1. Do I get annuity computation for sick leave? If so, how is it computed?
2. I was born in 1956. What is my minimum retirement age, and how much service should I have under the MRA?
3. What happens with my annual and sick leave when I retire?
4. When should I start preparing my paperwork for my retirement?
5. My agency is going through a reorganization. We have the options for early retirement, buyout, being reassigned to New York or Boston (I live in D.C.), or leave the agency. Would the above actions make me eligible for the discontinued service retirement? Would I be penalized for every year I’m under 62?
Q. I have worked for the Postal Service for 26 years. I just turned 50. I am under FERS. If I decided to retire at the end of the year, how would I calculate what my annuity will be? Additionally, if there were another early-out offer from the Postal Service, how would I benefit from that rather than retiring outside of the offer?
Q. I’m 55, with 29 years of federal service, of which only 16 is creditable to retirement under FERS because I have never repaid my active-duty time. I am being separated due to medical reasons. I have retired on the reserve side, and so can’t remain on the civil service side. I have applied for priority placement within the local commuting area but have not received an appointment. Am I eligible for, and at what point will I receive severance pay? According to personnel, I can’t receive retirement until 62, unless I repay the active-duty time.
Note: My letter stated that I was being removed through no fault of my own, that I was eligible for immediate unreduced retirement annuity based on my federal service. Under normal circumstances, I would receive a full year of continued employment as a civilian in what was my current slot. But I was denied that year of employment based on the full 29 years which supposedly made me eligible for retirement, but I was told I could not apply for retirement based on the actual creditable time. I want to know if this was correct.
Q. My husband will retire under CSRS. I will retire under FERS.
Concerning survivor benefits: If we elect to have a reduced annuity in each of our retirements for the spouse, will that spouse receive the maximum survivor annuity plus their own federal retirement upon the death of the other spouse? In other words, can a spouse simultaneously receive a survivor annuity and their own federal retirement pension? Are there any penalties or reductions because we both work for the federal government?
December 4th, 2013 | Creditable service: FERS discontinued service retirement DOWNSIZING FERS annuity computation Minimum retirement age Reductions in force RETIREMENT Special retirement supplement VERA
Q. I am a FERS employee. If my command is offering a Voluntary Early Retirement Authority and I retire at the any age and 25 years of service (I am 47 years old and have more than 25 years of service):
1. Will I get my special retirement supplement along with my retirement pay? Or will I not be entitled to the supplement?
2. If my command has a reduction in force instead, will I be able to get my severance pay plus voluntary retirement with my retirement plus the supplement until my MRA?
Q. During retirement, what happens to the survivor benefit if your spouse predeceases you? Is there a change in the annuity amount?
Q. I have 174 hours of sick leave. I’m 62 under FERS. Should I retire Dec. 29, where I’d only get half of my unused sick time to add to my annuity but get the 1 percent cost-of-living adjustment in January? Or should I retire Jan. 3, 2014?
Q. I had cashed out the five years of FERS service from May 1987 through August 1992. I was reinstated in November 2005 and been with the federal government since.
I just received a letter from the Office of Personnel Management that I would have to pay $1,973 for FERS redeposit and $3,541 for the interest — a total of $5514. The date shown is Nov. 14, 2013.
I wonder if redeposit is a good approach at this time? Please explain the benefit of having this redeposit made vs. not doing anything.
And, for future reference, where can I tap on for more info on FERS retirement?
I plan on retiring in 2026.
Is there any other smarter way of analyzing the situation?
If I pay the total amount, what is the due date without further due on interest?
Q. I am a federal employee (under FERS) and Naval Reserve retiree (20 years of service). I will receive Navy Reserve retirement pay at age 60 (in 19 years). I am considering buying back four years of active-duty Navy service. Before doing so, I’d like to ensure that this does not forfeit or waive my Reserve retirement.
Can you share the reference that states that a retiree can receive both a Navy Reserve retirement and federal (FERS) retirement after completing military buyback of the active-duty portion of a Navy Reserve career?
Q. 1. If I return to the federal government, will my federal pension be reduced?
2. If I return, can this added time be recalculated to add to my existing pension? And if it is added, how long (in years) would I have to work for it to be added to my pension?
3. I retired in 2005 and received a buyout. Will I have to pay back the buyout?
Q. I am retired from the Air Force, serving 20 years on active duty. During that time, I performed hazardous duty during the Gulf War, resulting in being granted a 100 percent total disability rating after my retirement. However, all of my hazardous duty was in the states, not in the Persian Gulf region. If I combine my active duty and my FERS service, do I have to forfeit both military retirement and Veterans Affairs Department disability pay? My actual retirement pay has been substantially reduced due the VA offset.
Q. I have more than 17 years of federal service and contributed to both CSRS and FERS. My information:
Sylvia S. Garcia
CSRS — Fort Sam Houston, TX: 2/1981 – 9/1986 (GS-318-05)
CSRS — Kelly Air Force Base, TX: 9/1986 – 9/1996 (GS-318-04)
FERS — Department of Transportation/Federal Aviation Administration (FV-318-D)
I withdrew my retirement contributions when I left Kelly AFB but did not withdraw my contributions when I resigned from Fort Sam Houston (and know they weren’t included in my refund), nor when I left DOT/Federal Aviation Administration. Please let me know what my options are as I am medically disabled at the moment and possibly indefinitely due to my illness.
Q. I am a permanent career employee who resigned from my position due to my husband’s job relocation. Because of that, I experienced a five-year break in service and returned to federal service to my permanent position. Prior to my resignation, I was under FERS with 17 years of service. I did not receive a refund for my contributions after I resigned. I am currently under FERS. I would like to know if there is any way I can make a retirement deposit for my five-year break in service?
Q. I’m in the Senior Executive Service under FERS. Do you know a website that I can plug in dates of service, education and ending title — i.e. program manager — to find out estimated current retirement income?
Q. I’m doing my second tour with the Department of Justice. During my first tour (1984-2001), I was in CSRS. When I rejoined DoJ in 2007, our admin office put me into FERS, contrary to my preference. I’ve asked them repeatedly to fix what they acknowledge was their error, but they keep telling me it’s “hard” and they’re working on it. Is there a higher authority that I can appeal to about this?
Q. If I separate from service after four years and withdraw my FERS contributions, then I am rehired some years down the road, can I put my four years of withdrawn contributions back in to increase my years of service for FERS? If I leave the FERS contributions in and am rehired, will the four years count in that case?