Posted on May 14, 2018
Is there a post-retirement benefit to accepting Federal employment (specifically the US Postal Service)?
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Asking because I don't think you can retire from the USPS after you retire from the military. I have heard the most ideal situation is to land a state, County, or in some cases city job which can offer the opportunity of a second retirement.
Posted >1 y ago
Responses: 6
The USPS has gone to FERS, no longer CSRS. You would not have to buy back any time as long as you don't use it to calculate your PS retirement. FERS is a SSA based retirement with a Thrift Savings plan add-on. Under FERS, an employee who meets one of the following age and service requirements is entitled to an immediate retirement benefit: age 62 with five years of service, 60 with 20, minimum retirement age (MRA) with 30 or MRA with 10 (but with reduced benefits).
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SFC Greg Bruorton
Thank you, Peter, for the update! I wish that method was operational when I was ready to leave the USPS in September, 1995 with 14 years,
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SP5 Peter Keane
You would have been under CSRS unless you optioned over to FERS. Would have needed 30 at 55, 20 at 60 to get a retirement.
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SGT Robert Wager
The above response is the most up to date information
here is a link that goes more in depth into how military service affects USPS retirement
https://about.usps.com/manuals/elm/html/elmc5_057.htm
here is a link that goes more in depth into how military service affects USPS retirement
https://about.usps.com/manuals/elm/html/elmc5_057.htm
Generally, civilian service performed for the federal government or the U.S. Postal Service may be creditable for retirement purposes. Military service may be creditable under certain circumstances (see 582.7).
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You can retire from the Armed Forces, go to work for the USPS and gain sufficient time in service with the postal service for a second retirement. But you would have to buy back your Army time to have it combined as a Civil Service retirement--as I had done--20 years Army, 14 years in USPS for Civil Service retirement totaling 34 years.
But the "buy back" will be expensive. Mine was $10,000 in 1995. Your best choice is to see your personnel representative in the USPS for up-to-date answers.
Bear in mind you could retire from the USPS in normal circumstances, but I chose Civil Service because if I died before my wife, she could get part of my Civil Service annuity. Drawing from Army retirement for the widow might be minimal in amount.
Good luck in resolving your issue.
But the "buy back" will be expensive. Mine was $10,000 in 1995. Your best choice is to see your personnel representative in the USPS for up-to-date answers.
Bear in mind you could retire from the USPS in normal circumstances, but I chose Civil Service because if I died before my wife, she could get part of my Civil Service annuity. Drawing from Army retirement for the widow might be minimal in amount.
Good luck in resolving your issue.
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I actually purchased 10 years of CS retirement credit for $10K and it now pays me $13K a year more in my CS retirement. There's no connection to my Reserve retirement as it's under a different statue vs. AD retirement. So any Fed career is open. You just have to make sure under the current rules you aren't working against yourself which I believe you won't be.
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