Rehired Annuitant
Need some advice. Hypothetically, let’s assume I made $200K before taking VERA last year. Agency wants to hire me back in, I am pursuing a dual compensation waiver so that I can keep my annuity and be hired at my previous salary. I have a solid chance given my background and expertise and the situation my prior employer is in right now.
If I understand correctly, a dual compensation waiver means no TSP, no TSP matching, no FERS, is that correct?
Let’s assume I don’t get the waiver but still decide to re-join. My current annuity is $45K, so my presumable salary would be $155K but I would still get my monthly annuity, so it’s all a wash in the end as I would still be making $200K total. Is that logic correct? Plus I would also be able to take advantage once again of FERS, TSP, and the TSP match?
Thanks for your help.