Pension question for federal agents

March 11, 2019, 09:29 PM

Bulldog7972

Upon retiring at the mandatory age, can one freeze his pension till they decide to take it or is it mandatory to take when they retire?

March 11, 2019, 10:25 PM

Lt CHEG

You must collect your pension, but you do not have to collect from your TSP (federal government version of 401k). Also since we are mandatory at age 57, we are entitled to a supplement which is approximately equal to what social security benefits would be from retirement to age 62.

“It is not the critic who counts; not the man who points out how the strong man stumbles, or where the doer of deeds could have done them better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood; who strives valiantly; who errs, who comes short again and again, because there is no effort without error and shortcoming; but who does actually strive to do the deeds; who knows great enthusiasms, the great devotions; who spends himself in a worthy cause; who at the best knows in the end the triumph of high achievement, and who at the worst, if he fails, at least fails while daring greatly, so that his place shall never be with those cold and timid souls who neither know victory nor defeat.”