Return to Article: Catch-62
-
86177
I have a similar situation. 4+ years of military service, 27 years civil service. Looking at a potential early retirement. I have not paid back my military time. I've talked to several retirement counselors and done some research on-line. All have told me that as long as I do not have 40 work quarters and therefore no social security benefits eligibility at age 62, my civil service retirement will not be reduced and my military time will still be credited toward retirement benefits. Of course, I lose 2% per year under age 55. Incidentally, I'm told it is a one-time look by OPM at age 62. In theory, I could go back to work after the one-time look if I wanted to. For peace of mind, I'd talk to a counselor myself if I were you, but I'm satisfied with what I've been told and read on-line. If you hear something different, by all means, let me know! Good luck in retirement.
-
56276
I hired on civil service October 1978, giving me now about 30 years service. I have 4 years active duty from 9/74 to 9/78, a total of about 34 years. I do not qualify for Social Security because I do not have the creits needed. At age 62 will my retierment be reduced if I still do not qualify for Social Security?
-
52428
I hired on in Setbember 1981 and have over 27 years of civil service. I also have 4 years active duty. I do not qualify for Social Security because I only have36 creits. At age 62 if I earn no more credits towards my Social Security will my retierment be reduced?
-
50742
I have almost 6 years of military service and almost 29 years of civil service. I do not have enough into social security to receive it at 62. I never knew about this until last year. Will I still get my pay cut at age 62?
-
44867
I have over 11 year's active duty time, and I am currently in the reserves. I have a total of 22 years of military services. If I would to buy my military time back, would I be eligible to retire from the military? I started working for the government as a civilian in 1997, and this April 27, 2008 will make 11 year of services.
PROMO RIGHT: EVENTS

UPCOMING WEBINARS
NOVEMBER 18
Speed bumps for Teleworking: What are they and how to avoid them?
DECEMBER 3
Achieve Program Success: Unlock the Management Information in Your Data
DECEMBER 10
Practical Transparency: Applying Exchange Networks for Mission Results











Post a Comment
To post a comment, you must provide a name and a valid e-mail address. Messages must be limited to 400 words. By using this Service you agree not to post material that is obscene, harassing, defamatory, or otherwise objectionable. Although Government Executive does not monitor comments posted to this site (and has no obligation to), it reserves the right to delete, edit, or move any material that it deems to be in violation of this rule.