Number of offset years

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Could you please define the “# of offset years” I worked under CSRS from 6/29/78 to 9/25/78&10/17/78 to 6/30/86
I resigned and paid my 48,000 which included interest.
I was reinstated 10/30/93 to present under CSRS OFFSET. When calculating my SS offset is 1993 considered a whole year even though I only worked 2 months and I’m retiring 4/3/2019 would 2019 be a whole year?

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Posted by (Questions: 2, Answers: 1)
Asked on December 20, 2018 8:13 pm
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As stated in Chapter 50 of the CSRS FERS Handbook, “Partial years of offset service are rounded to the nearest whole number, with one half being rounded to the next higher number.”

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Answered on December 20, 2018 11:42 pm
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Thank you. I’m turning 62 feb 19,2020.
I was deciding if it’s worth me staying with USPS until March 1, 2020 I will then have 34 yrs 11 months with my SL. Or I would leave Oct. 3, 2019 with 34 yrs 6months. I’m not sure how much my SS would go up for those 5 months. Also how much would be reduced? It’s very confusing.
Thank you,
Will
Would it be more advantageous for me to leave March 1st so my retirement will be ready for my offset since I will get my SS immediately?

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Posted by (Questions: 2, Answers: 1)
Answered on July 5, 2019 2:34 pm
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If you retire prior to your 62rd birthday, your retirement will be calculated soley on the CSRS formula and when your reach age 62, then the offset reduction will apply, whether you file for Social Security or not. Since the CSRS formula is 2% for every year of service over 10 years, 6 months of service will add 1% to your annuity. As for how that will increase your Social Security, you will need to contact them or go online to their website and calculate the additional service time.

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Posted by (Questions: 0, Answers: 498)
Answered on July 5, 2019 2:50 pm