Q&A
Our Q&A section features questions that the FedSmith.com authors answer that our readers send to them. We share them here to help you with your federal career as well as planning for your retirement. We encourage you to send your questions to the authors for use in future posts.
How is Your Retirement Annuity Calculated When Switching From CSRS to FERS?
How is a retirement annuity calculated for someone who switched from CSRS to FERS?
Will My Federal Retirement Benefits Be a Meaningful Source of Income for Me?
I entered federal service late in my working life (at age 52). Will my federal retirement benefits be a meaningful source of income for me?
TSP and Combat Zone Pay
I contributed to the Thrift Savings Plan from tax exempt combat zone pay. What will happen when I begin withdrawing money from the TSP?
Marrying Before or After Your Federal Retirement: Pros vs. Cons
I’m retiring in a few years and I’m in a long-term relationship, but I’m not married. What are the pros and cons of marrying before or after retirement?
Is Common Sense All You Need to Plan Your Retirement?
I’ve read about what to do with my TSP after retirement, but I believe all we can do is use common sense and hope that our money will grow and last.
Can I Estimate What My Monthly CSRS and Social Security Payments Will Be?
I’m confused about my 35 years of CSRS Offset and Social Security pensions. Can I estimate how much will I get in monthly pensions from both?
Can LEO Employees Extend Their Service Outside of Law Enforcement to Become Eligible for the 1.1% Annuity Computation?
Can a law enforcement employee extend working years in a non-law enforcement capacity to become eligible for the 1.1% FERS annuity calculation?
What Impact Does Sick Leave Have on the FERS Annuity Computation?
Because unused sick leave is used in the computation of my annuity, will it allow me to receive the 1.1% FERS computation factor?
Shrinking Supplemental Annuity Payments: Response from OPM
Readers have asked questions about the reduction in their annuity payments for retired federal law enforcement officers. Here is OPM’s response.
What’s the Difference in the 1% and 1.1% FERS Annuity Computations?
I’ve heard that there are two different computation factors that are used in computing the FERS annuity; 1% and 1.1%. What’s the difference between them?
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