Not affiliated with The United States Office of Personnel Management or any government agency

Not affiliated with The United States Office of Personnel Management or any government agency

federal worker Aubrey Lovegrove

New Legislation Introduced to Get More Ex FAA Controllers to Work At Federal Contract Towers

[vc_row][vc_column width=”2/3″ el_class=”section section1″][vc_column_text]The CONTRACT Act was introduced to encourage more retired FAA (Federal Aviation Administration) air traffic controllers to be able to work at federal contract towers.

Air traffic controllers are forced to go into retirement by law once they are 56 years old. They also put in an extra .5% contribution to their FERS (Federal Employees’ Retirement System), their retirement annuity account. Under FERS, FAA controllers are categorized under a special group category.

Before they are eligible for Social Security Benefits, air traffic controller retirees get FERS annuity benefits from age 56 to 62. However, these payments are decreased if they receive more income than the earnings limit set for social security benefits. The earnings cap was $17,640 for this year.

This is a very big reason as to why man retired controllers do not continue to work in the field at federal contract towers.

The CONTRACT (Continuity for Operators with Necessary Training Required for ATC Contract Towers) Act of 2019 would remove this sanction to enable more of these retirees to work as a federal contract tower air traffic controller.[/vc_column_text][/vc_column][vc_column width=”1/3″][vc_single_image image=”38146″ img_size=”292×285″ style=”vc_box_shadow”][/vc_column][/vc_row]

Contact Pauline Haren

Search for Public Sector Retirement Expert.

Receive the Best advice.

PSR Experts can help you determine if Public Sector Retirement is right for you or if you should look for alternatives.

The Best Advice creates
the best results.

Recent Articles

More Articles by Pauline Haren

minimum wage

About Social Security Disability Benefits

[vc_row][vc_column width="2/3" el_class="section section1"][vc_column_text]To be eligible for Social Security disability benefits, the individual will have a handicap that is either...

Ray Yon : federal employee pay scale

Retirees and COLAs VS. Current Feds and Pay Increases

[vc_row][vc_column width="2/3" el_class="section section1"][vc_column_text]Every time after the announcement of the annual pay increase or cost-of-living adjustments (COLAs), you may either...

Traditional, Roth and Rollover

Should You Be Saving in A Traditional IRA or a Roth Account?

[vc_row][vc_column width="2/3" el_class="section section1"][vc_column_text]There are many retirement savers out there that are contributing to a traditional IRA with the idea...

Search For Public Sector Retirement Expert

Receive the Best advice.

PSR Experts can help you determine if
Public Sector Retirement is right for you or if you should
look for alternatives.

The Best Advice creates

the best results.

Subscribe to our Newsletter

"*" indicates required fields

Our Readers Deserve The Best PSHB and USPS Health Benefits Guidance

Licensed insurance agents who understand PSHB, Medicare, and USPS Health Benefits Plan are encouraged to apply for a free listing.

This field is for validation purposes and should be left unchanged.

Book Phone Consultation

"*" indicates required fields

This field is for validation purposes and should be left unchanged.

Get In Touch

Stay up to date on the latest information about Public Sector Retirement.

The Best Advice Creates The Best