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Leaving Government Before Retirement? What Happens To Your Benefits?

Can Sick Leave Really Be Re-credited?

Office Automation
DoD
Wed Oct 8, 2008 1:39 PM

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Due to downsizing, I left federal service (Air Force) in 1997, under FERS. I had a sick leave balance of 407 hours. I returned to federal service (Army) in 2004, still under FERS. I spoke with a benefits counselor at the Army Benefits Center who told me that I could not get the sick leave re-credited because I was under FERS and not CSRS in 1997 when I left. Is this true?

Thanks!

PSA
VA
Wed Oct 8, 2008 2:18 PM

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Very useful!

Return rights

Engineer
DOT
Wed Oct 8, 2008 3:43 PM

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If an employee wish to take a contract work for let say 2 years with a private company for experience and grrowth. Does he/she need to quit federal service? Are there any Federal options or benefits available to utilize for his/her return rights ? In other words, can employee with 10 years of federal service has any return rights to the agency? Thanks in advance.

TSP loan

QA
A.F.
Wed Oct 8, 2008 11:21 PM

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What about a current TSP loan? If I leave the government on a deferred retirement, can I do so while still owing on a TSP loan? If so, how would payments be made?

thanks,
Rome

Deferred Pensions

Fed Worker & Union Guy
Mega Fed
Thu Oct 9, 2008 9:46 AM

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More emphasis should be given on the deferred pensions, only touched upon by the article. If you work 5 years, then you are entitled to a deferred pension at age 60 or 62. Sometimes as early as age 56 with penalties. This is the same for CSRS & FERS employees. Check out the OPM web site for guidance. There are thousands of former federal workers walking the street & know nothing about this. Odds are they were told nothing about deferred pensions, as they outprocessed. That alone, should be against the law!! It saves the federal government money if they don't know & never apply!!!

TSP contributions

Program Assistant
U.S. Dept of ED
Thu Oct 9, 2008 11:13 AM

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Good Morning.

My questiion to you is, if I die before I withdraw my TSP contributions will my beneficary have to pay the 10% early withdrawal penalty and taxes?

Thank you!!!

Re-entry into Federal service after a break

Procurement Analyst
DoD
Thu Oct 16, 2008 1:45 PM

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How difficult is it to re-enter the federal workforce after taking a break and working in the private sector? I understand that there is currently a shortage of procurement (GS-1102) workers accross the federal government, so am I safe to assume that re-entry into government service would be relatively easy for someone with over 15 years of government procurement experience?

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