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Question from a retiree who transferred from CSRS to FERS: I am a retiree with more than 5 years covered under CSRS and over 30 years of FERS coverage, having switched over when FERS began in 1987.
Let’s say that a CSRS retiree who turns 62 this year has earned a Social Security benefit of $1,396/month, payable at age 67 which is their Full Retirement Age. After the WEP, the benefit would ...