I intend to leave at the Immediate Pension (IP) Point in AFPS 75. If, later, I were to rejoin the Regulars or join FTRS, what would happen to my IP and lump sum?
Your IP may be reduced on re-employment to ensure that your new salary plus your pension do not together exceed your salary at departure. This is the usual abatement rule in public service pension schemes. Your IP lump sum is not affected. However, the EDP is not a pension. If you are re-employed, your EDP income would stop for the duration of your engagement and restart at the same level when you left service, if before age 55. If you were age 55 or more and you were in Regular service or the MPGS, you would receive your pension instead, which otherwise would be preserved to age 65. If you were in the FTRS, the EDP income resumes at 75% of preserved pension, together with inflation increases since your original departure from regular service.
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