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Federal Retirees


For those approaching retirement as well as the currently already retired, here is a forum to share ideas and thoughts and exchange questions and answers.


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RICKCB7  
#1 Posted : Monday, May 25, 2020 7:30:38 PM(UTC)
RICKCB7

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I am planning pretty far out and cant find answers. I am currently age 53. FERs Disability retired Nov 2018, and was approved for SSDI early 2019. Went through the 60% and and currently 40% reduction, and my pay has been steady since. But I am looking for what exactly happens when I turn 62. I know my SSDI turns into regular SS. I know my FERS disability turns into regular retirement, which all the time worked prior and including the disability retirement time= will be 21 yrs 8 months x 1.1 x high 3... but I am curious and CANNOT find any internet answers to my curiosity, are both full amounts with NO off setting ? It seems crazy not to find information online validating what I think is true..
StB  
#2 Posted : Tuesday, May 26, 2020 5:03:07 PM(UTC)
StB

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Originally Posted by: RICKCB7 Go to Quoted Post
I am planning pretty far out and cant find answers. I am currently age 53. FERs Disability retired Nov 2018, and was approved for SSDI early 2019. Went through the 60% and and currently 40% reduction, and my pay has been steady since. But I am looking for what exactly happens when I turn 62. I know my SSDI turns into regular SS. I know my FERS disability turns into regular retirement, which all the time worked prior and including the disability retirement time= will be 21 yrs 8 months x 1.1 x high 3... but I am curious and CANNOT find any internet answers to my curiosity, are both full amounts with NO off setting ? It seems crazy not to find information online validating what I think is true..


Iā€™m no expert, but my understanding is that once you are on regular FERS retirement there is no longer an offset for any SS payments received. Just as a typical retiree can draw both FERS and SS, we can draw both
FERS (standard) and SSDI.
We are all made up of stardust šŸ’«
StB  
#3 Posted : Tuesday, May 26, 2020 5:11:13 PM(UTC)
StB

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Page 18 of this document describes what I wrote above.

https://www.irs.gov/pub/irs-pdf/p721.pdf
We are all made up of stardust šŸ’«
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