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Return to Article: Back to Work, Again

• 90760
  

  I retired 2 months ago from DoD, salary at time of retirement was 75K, I'll get about 53% under CSRS rules. Along with my CSRS retirement and AF Reserve retirement I can live comfortably, but I'm a "young" 60 and why not go back to work and save my salary for a year or two? Makes perfect sense to me.

  Jim Posted October 29, 2009 6:37 PM
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  Missouri has this practice now but only allows a max of 1,000 hours yearly without any benefits except for pay. A lot of people Missouri State retirees are using this to their own and the state's benefit. Most work only two days a week. Check with Missouri State. Such a plan would be helpful for the federal governmnet and its retirees

  Bill Stroessner Posted April 4, 2007 7:48 AM
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  Check the calendar, it's time to update the ridiculous regulations that reduce a federal retiree's pension by the amount they earn when going back to the federal workplace. Their pension reflects past earnings and contributions to this country, and should have no relevance to future salary. Also, additional work should generate pension benefits. Anything else is legal theft. It's bad enough that federal retirees can't collect Social Security benefits, yet another regulation that needs to be changed. But if these retirees really possess needed job skills, and want to jump back into harness, give them a break financially.

  GovExec.com reader Posted April 2, 2007 8:16 AM
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  Great article! At least the author actually looked at our posts, and gave some of us credit for our experiences. But the situation remains the same. Too many retirement articles here talk endlessly about money, money, and more money.

  Work longer, save your sick leave, retire on this date. Blah, blah, blah. Take an objective look at your personal health, relationships, and probable lifespan. Then decide to stay or go. But as a happily retired federal employee, I know one thing absolutely, you can't reverse the carwash of life, and you shouldn't try. One study indicated that if a man today reaches the age of 65, he has a whopping 25% chance of living to age 80!

  And by that time, odds are that he won't be signing up for any Ironman contests. People talk endlessly about the "Golden Years". Well, they exist: age 20 to 35. Give the younger people the harness, make room at the treadmill and leave!

  GovExec.com reader Posted April 1, 2007 4:46 PM
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  There are other ways of brining back former federal employees, at least for retired Foreign Service folks. The system is all set up that they can come back without penalty, and in fact without competition.

  GovExec.com reader Posted March 30, 2007 2:30 PM
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  I think the concept of reemploying annuitants would have more appeal if it included the option of working part time. Although the additional money from full time work is nice, there are tax implications to consider. There also may be a still working spouse who figures in the equation.

  John Koper Posted March 30, 2007 11:52 AM
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  In becoming a re-employed annuitant there is another factor that I ran into in trying to reenter the fed service.

  I did this because I retired after November 2003 and in doing so, was not affected by any salary or annuity offset as per the memo from David Chu. There is one of three conditions that need to be met and it requires upper level approval for starters.

  A little known and barely mentioned, if at all, PPP condition is that, initially, a candidate must have the stopper list cleared before he can be approved and then he can be offered the position, once blessed by an approving authority. But then it becomes a continuous condition of being cleared every time someone comes up on that stopper list that could qualify for that position. So, one could be appointed and be in that job for two days, two months or two years and still be 'bumped' out of that position if someone better qualified comes along.

  They have tried to make it more appealing and easier to rehire annuitants to bring the expertise back to the federal workplace with memos extolling the benefits, yet hide a 'gotcha' like PPP with a vague reference to it in the same memo trying to lure retirees back.

  This is what makes it not worth the trouble to apply.

  Steve Schindler Posted March 30, 2007 10:06 AM