Welcome Guest! To enable all features please Login or Register.

Notification

Icon
Error

Federal Employees Benefits Q &A

Do you have questions about your federal employee CSRS or FERS pension/annuity or federal employee retirement planning? Concerns about your Thrift Savings Plan (TSP) account or what about federal employee pay and leave issues?

Ask your question here.

The Q&A forum is moderated by Ed Zurndorfer -- an expert on federal employee benefits -- and a Certified Financial Planner, chartered life underwriter and chartered financial consultant in Maryland.

Zurndorfer is also the author of several federal employee benefits guides published by Federal Employees News Digest.

Your question will be put into a message queue and submitted for review. We cannot guarantee that all questions will be answered, however any answered questions will appear below, and some will also be featured in our daily Federal Daily e-newsletter (Subscribe here). Members of Federal Soup will not be able to submit replies to the questions posted, as we leave the replies for the moderator only.

Please do not submit employee benefits questions to the webmaster or the forum moderator.

Note: FederalSoup.com has attempted to compile information that is as accurate and current as possible for federal employees. Federal policies, laws, regulations, statistics and addresses continually change. Therefore, no warranties are made as to the accuracy or completeness of the information presented in this column. If additional clarification or information is needed, it is suggested that competent and professional assistance be sought. Mr. Zurndorfer does not moderate other forums on FederalSoup and will not reply to general FederalSoup inquiries submitted in this Q&A forum.

Options
Go to last post Go to first unread
mrWorry  
#1 Posted : Monday, August 18, 2008 9:03:57 AM(UTC)
mrWorry

Rank: Rookie

Groups: Registered
Joined: 7/2/2007(UTC)
Posts: 37

I was born in May of 1953. My Retirement Service Compensation Date (SCD) says 5/8/04 on my E&L statement. I am currently working for the Federal Government under the FERS.

What will the earliest date I can retire without any penalty and with full health benefits and most-possible pension?

Thanks.
Ed Zurndorfer  
#2 Posted : Monday, August 18, 2008 7:34:35 PM(UTC)
Ed Zurndorfer

Rank: Senior Member

Groups: Registered
Joined: 9/10/2001(UTC)
Posts: 4,414

If you were born in May 1953 and if you have a service computation date for retirement of 5/8/2004, then the earliest date you could retire with no penalty and with full health benefits would be in May 2015 when you are age 62 and with 11 years of service. Your FERS annuity would be equal to approximately 11 percent of your high-three average salary. You would be also receiving what is in your TSP account plus Social Security retirement.
Rss Feed  Atom Feed
Users browsing this topic
Guest
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.


This page was generated in 0.311 seconds.