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Old 01-09-2010, 03:06 PM
 
8,204 posts, read 11,921,160 times
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Quote:
Originally Posted by Bette View Post
You say your wife was only employed 2 years ago by the Federal Government. I thought you had to be hired by a certain age. Do they hire people over 50 that will be working for another 20-25 years?
Other than hazardous duty/law enforcement postions, there is no maximum age limit to being hired in the federal government. Moreover, with the exception of those same LEO positions, there is no mandatory retirement age. So, to answer your question, yes, you can be hired at or over the age of 50 and then work for another 20-25 years. In fact, theoretically, you could first be hired at the age of 80, work 5 years, and then retire with an annuity. (Five years is the minimum amount of time one must work to qualify for a regular annuity.)
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Old 01-09-2010, 06:55 PM
 
Location: Northern Virginia
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Quote:
Originally Posted by MadManofBethesda View Post
Other than hazardous duty/law enforcement postions, there is no maximum age limit to being hired in the federal government. Moreover, with the exception of those same LEO positions, there is no mandatory retirement age. So, to answer your question, yes, you can be hired at or over the age of 50 and then work for another 20-25 years. In fact, theoretically, you could first be hired at the age of 80, work 5 years, and then retire with an annuity. (Five years is the minimum amount of time one must work to qualify for a regular annuity.)
MadMan is correct. In fact, I know of severl people who have had full careers in the private sector, then becames Feds. This is not for the annuity, though, but for the federal medical benefits: If you spend he last 5 years in federal service and have been a member of the federal health program for those 5 years, you can continue those benefits into retirement (provided you meet all the other eligibility requirements)
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Old 01-09-2010, 10:36 PM
 
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The problem I see is that in many sates as well as the federal governamnt thosae healthcare cost are going to skyrcoket as governmnat changes them to more cost for the benficary. Wiht the budget of sates and the deficit 'its likely coming.
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Old 01-10-2010, 03:23 AM
 
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Also rememebr that i federqal and all law enforcement that practically the older you get the less likely you will be hired because they have physical requirements.to get hired you must meet these requiremnts which eliminates many.Just as their is no retiremnt age ;you practically don't see alot of older police officers really.In fact you really don't see a high per centage that starout actually retire as police officers. There are of course civilian jobs working in law enforcement tho.Even then 5 years wouldnlt get you much retirement really.
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Old 01-10-2010, 04:15 AM
 
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I thnik it differs with each person depending on there income levels. i know amny that both worked long carrers like my waife and i. i alos know mnay that the wife quite for some years until the children where older . Many actaully went to college and satrted new careers.i alos know some who din't work agin and their spouse had a good enough jobs that they could never go back. many like myself and wide it actaully allowed us to retire early. Its different with different people and the type of work and income level.Roight now what you are seeing is the bommers generation starting to retire in any real numbers that actually had a high per cenatge that both worked. much of this was brought on by changes that happened to tehm in the 70's recession when both went to work and never stopped afterward even if they became financially able to.In my wide my case alot of that and our retirement planning was because of the uncertainity during that time.We both retired before SS age and i just satrted getting SS.I knwo I like alot of my firends actaully really started thinking more then about retirement and planning it as result of that recession. I am 5 years older than my wife and reired ealier and now that she alos is retired its much more enjoyable than when just I was retired.But we stuck to our schedule and made it luckily and with planning.
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Old 01-10-2010, 07:24 AM
 
29,782 posts, read 34,880,403 times
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Quote:
Originally Posted by texdav View Post
The problem I see is that in many sates as well as the federal governamnt thosae healthcare cost are going to skyrcoket as governmnat changes them to more cost for the benficary. Wiht the budget of sates and the deficit 'its likely coming.
Not sure about everyone but at 65 don't most government retiree's go into Medicare? I wonder what percentage of retiree's with a government pension also get health care? I know of some states they don't.
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