Is it true that if you retire from the military and retire from a federal job such as the post office or as?

Question

a corrections officer in a federal prison that you may only collect ONE of the two pensions? That one of them would have to be give up?

Answer 1

N O!!! It only affects your Social Security pay which is off-set at about $100.00 depending on how much you earn from the Military Retirement and the other retirment,
such as the Post Office or the corrections officer.
You'll still receive both pensions!!!!!

Answer 2

No, my father collects a pension from the Air Force and the Park Service,

Answer 3

Not so. Earned pensions have to be paid. However, if one works in different departments of federal government, they can be combined in to one federal pension.

Answer 4

incorrect, you would collect 3 pensions,(A) Military (B) from the federal job,(C) Social Security,, you would be known as a Triple Dipper

Answer 5

I work with a gov't employee (GS-11) who spent 26 years in the Navy, and is drawing Social Security. He said he'd retire when they carry him out of the building on a stretcher on the way to the hearse.

Answer 6

I would have to say no to that. My father retired 25 yrs Air Force and he has been working for a naval ship yard and will be recieving a retirement from that come later on this year.

Answer 7

I think that the Fed. govt. will give you ONE pension based on the total number of years you have in federal service. After all the fed. govt. is only a single entity.

Answer 8

There are rules against double dipping but it does not apply to everyone who reitres for th military and then a federal job.

Answer 9

No, you can collect two pensions.