Wednesday, July 25, 2012

CSRS offset and federal retirement

Explaining annuities under CSRS Offset

Article Excerpt: "...The longest-serving feds are covered by the Civil Service Retirement System. Those hired in 1984 or later are covered by the Federal Employees Retirement System. In between are those covered by CSRS Offset, a hybrid that combines CSRS and Social Security...."



Resource: federaltimes.com

CSRS, Offset, FERS, Federal Retirement

Friday, July 20, 2012

Catch-62 and military buyback

Military buyback and Catch-62

Article Excerpt: "... I am 63 and considering retirement and buying back my military time. As 90 percent of my pay comes from the Veterans Affairs Department, it seems like a good idea. How does the Catch-62 clause affect me..."



Resource: federaltimes.com