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Channel: VERA – Ask The Experts: Retirement
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VERA

Q. I will have 30 years in service on Aug. 8, 2018. I will apply for retirement under the Voluntary Early Retirement Authority (VERA) at that time and see where the dart hits the dartboard. I will be...

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Re-employment

Q. Can you explain what would happen to my pension as a reinstated employee? I retired in 2011 from the sales department in the U.S. Postal Service. I took a Voluntary Early Retirement Authority. I was...

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FERS Special Retirement Supplement

Q. If I retire when I’m 52 years old and 30 years of service, can I get the FERS Special Retirement Supplement when my MRA is reached at 56 and 6 months? A. You could only retire at age 52 with 30...

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VERA/VSIP

Q. I am 64 and thinking about the early retirement. I have 38 years; can I qualify for the VERA/VSIP? A. You could accept a VERA if it were offered to you; however, it would be irrelevant, since you...

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SRS

Q. I am currently 52 years old with 32 years in the U.S. Postal Service. I am being offered a VERA. Am I eligible to receive the FERS supplement at my current age? A. No, you aren’t eligible. You...

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VERA and the special retirement supplement

Q. If I accept a VERA and have fewer than 30 years of service, will I still still get the special retirement supplement when I reach my minimum retirement age? How do they calculate the payment? A....

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Re-employment

Q. I am a FERS employee who retired on a VERA. I was rehired five years later. My pension is subtracted from my pay. When I retire again, will all of my money be considered or just what I receive minus...

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High-3

Q. I retired on a VERA with 25 years of service (22 years FERS and five years military) at age 47. When I reach 62, does my annuity go to 1.1 percent based on my high-3 years in service? A. No, it...

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Early retirement

Q. Can I retire at 50 with 25 years of service? I am not at my minimum retirement age, but in order to keep my health benefits, I would take the 5 percent per year that would reduce my annuity by 50...

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Annuity reduction

Q. I retired under VERA, with my last day 2-28-18. I had 28 years in the U.S. Postal Service and am 53 years old. What percent of my pension did I lose by not waiting till 56 and 2 months? A. To find...

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