My husband’s personnel office just found out that he should have been in CSRS Offset after 21 years of coming from the DC Government. After his maximum SS tax was reached, his personnel office stopped the SS deduction. In the past, after the maximum was reached he has received the SS contribution in his paycheck. Was this done correctly?
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?
When I retire how will I receive the retirement monies that were taken out after working for over 40 years?
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?
I have 15 years under CSRS and 15 under FERS. How will my retirement be calculated?
My husband is retired from the military. He will receive military retired pay and social security pay. Would his social security annuity be reduced if he receives my CSRS as a survivor benefit?
The author says that while you can retire on any date that you choose, there may be some advantages to retiring at certain times of the month or year. She shares her opinions as to which dates she believes may be best dates for federal employees to consider retiring.
The CSRS Voluntary Contribution Program has been available to CSRS or CSRS Offset federal employees for many years. It can be a very useful option to significantly increase retirement savings. The author explains some of the details of this program.
When my retirement is calculated over 30 years in service, will my CSRS Offset time be added to the CSRS years, or the FERS years?
The author outlines five questions that identify a few of the initial considerations that federal employees should examine when determining whether they should pursue OPM disability retirement.
