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Retirement Planning


Whether you are close to federal employee retirement or just starting out in your career, this is the place to share ideas with your federal colleagues on creating a secure financial foundation.


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fedupfedup  
#1 Posted : Sunday, February 23, 2020 7:05:13 PM(UTC)

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I read people get back the 7% retirement deduction back after 42 years in a check , less any deposits or Redeposits required for prior periods. This can be found under wee.federalbenefits. So if this is true, will my retirement be increased brc I am paying back some pension that I took out? Brc I took out a few years in the early 70s
postalvet  
#2 Posted : Monday, February 24, 2020 3:03:27 PM(UTC)
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Originally Posted by: fedupfedup Go to Quoted Post
I read people get back the 7% retirement deduction back after 42 years in a check , less any deposits or Redeposits required for prior periods. This can be found under wee.federalbenefits. So if this is true, will my retirement be increased brc I am paying back some pension that I took out? Brc I took out a few years in the early 70s


you have 3 threads going about the same thing.

this is very confusing

you will never get the answer you want by posting this way
Postal retired 38yrs Just Sayin' Black Live's Matter #dumptrump2020 wear your mask
thanks 1 user thanked postalvet for this useful post.
SD Analyst on 2/27/2020(UTC)
fedupfedup  
#3 Posted : Monday, February 24, 2020 3:59:18 PM(UTC)

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I found the ans today from personnel, if u work past 41/11 , whatever time u work after that , thst 7% gets applied to what u owe and it is possible to work it all off or part of it, thus increasing your retirement.
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