Q&A from FedSmith authors addressing readers’ questions. We share them here to help you with your federal career or retirement planning.
I’m planning to retire at 62 and my human resources department has presented me with the option of depositing $9,645.00 (roughly 3K + 6K interest). If I don’t deposit for the period I was not under CSRS then I will receive $80.38 less per year in retirement (provided I retire now). Is this correct?
If federal employees are offered early outs or buy outs, does the 5-year FEHB coverage requirement also get waived?
My agency or, at least, my location, does not afford part-time employees the option of selecting comp-time for hours in excess of 8 per day or 40 per week. Is this difference between full-time and part-time employees permissible?
I was promoted to a GS-14 position in September of 2012. I plan to retire in September 2015. Will my “High 3” be calculated from September 2015 – September 2015 or from calendar year January 2012 – January 2015?
I am under CSRS and thinking about retiring soon. However, I am divorced and my divorce decree has a formula type clause and I don’t know how OPM will apply this formula in determining my annuity. Is there any way to get an estimate from OPM before I retire?
A nursing supervisor requests an RN (Registered Nurse) who is on annual leave to work overtime. The RN agrees to work a day during her annual leave for the overtime as promised by nursing supervisor. Can the nurse be paid overtime in this situation?
I am told that the max of annual leave that the Post Office will write a check for at retirement is 440 hours. What is the rule on this?
I plan to retire December 31, 2015, and on December 1, 2015 I am due for a step increase. I want to know if the retirement estimate will project from that increase – Will I be paid for my leave and annuity at the new pay increase?
If a GS employee is on official travel during his or her regularly scheduled duty hours that fall between 6 p.m. and 6 a.m., does the employee continue to receive night pay whether or not she or he performs actual duty?
What is the point of my converting to Medicare from my current BC/BS Standard Option (individual)?
