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CSRS Employees: Should You Deposit Money to Cover Temporary Federal Employment?
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Follow up
Army
Tue Apr 1, 2008 5:09 AM
Post Reply
When will be see the article on redeposit for CSRS folks?
Re: Follow up
DOD
Tue Apr 1, 2008 9:39 AM
Paying it back
Legislative
Tue Apr 1, 2008 12:53 PM
Post Reply
I have an eight year period of non-deposit and at one point owed over $25,000 including interest. That meant a potential annuity deduction of $200.00 a month for the rest of my life (even though the government recoups within 10 years). That was too much so I decided to work it off while staying where I am. Shortly, I will have paid down enough so that my deduction will be down to $20.00-$30.00 a month. I can deal with that.
Paying back CSRS deductions that were not withhel
USDA
Tue Apr 1, 2008 3:23 PM
Post Reply
I experienced a similar situatation to one of the examples used in the article "Should You Deposit Money to Cover Temporary Federal Employment?" By John Grobe. What Mr. Grode did not mention in his article is that you are required to pay back this money if you choose to make voluntary contributions to your retirement.
Re: Paying back CSRS deductions that were not with
Legislative
Wed Apr 2, 2008 10:50 AM
Re: Paying back CSRS deductions that were not withhel
State
Thu Apr 17, 2008 11:15 AM
Question About Additional CSRS Article
US Postal Service Sales Support Integration
Wed Apr 9, 2008 11:32 AM
Post Reply
This story stated that there would be another one on CSRS re-deposits for breaks in service. There was a link to an April 4th article (which has now dissapeared from the FedSmith site) that did NOT link to the article. Was it ever published and how can I get a copy? Thanks.
redeposit withdrawn retirement before retiring
usda
Fri Apr 11, 2008 11:30 AM
Post Reply
Has John Grobe written the article answering the 2nd question for CSRS retirement..Should I re-deposit money I withdrew from my retirement when I left government service for a few years?"
FERS Disability Retirement
Retired
Mon Apr 14, 2008 9:35 AM
Post Reply
When you write the article for FERS retirees who had creditable years under CSRS, please include redeposit rules. I retired under FERS Disability with over five years of CSRS creditable service.
OPM required me to redeposit the CSRS money withdrawn back in 1983, if I wanted the over 5 years to count toward my retirement when I turned 62.
If I had retired under regular FERS retirement, the 5 years would have counted toward my FERS years without redeposit. This was a total shock to me as the amount owed had grown to almost $30,000. This fact was never included in any federal government sponsored retirement training I had received.
good summary
CDC
Mon Apr 14, 2008 11:53 AM
Post Reply
This was the best summary of this issue I have read. Better than given by the retirement seminar leaders I wish I have had this information sooner.