Re: nasa1974's retirement story
Originally Posted by
nasa1974
Well things have been moving along nicely since I retired two years ago. Hard to believe it's been two years. But starting Monday I'm coming out of retirement and going back to work full time. A friend of mine called a few weeks ago and said that the company he works for (at NASA) was looking for a construction inspector and my electrical background was a fit, would I be interested. I told him I would get back to him after the wife and I discussed it. I got back to him and said I was interested so they set up an interview. At the interview I found out that the sub-contractor (who my friend works for) and the prime-contractor both wanted me and they would let me know which one I would be working for. The prime offered me a construction manager's position and the offer sheet looked pretty good so I said yes. Kind of ironic that I started working for NASA on May 20, 1974 and now I am coming back to NASA as a contractor 40 years later on May 19, 2014. Stay tuned.
A note to anyone who plans on doing this sort of thing. If you are retired FERS getting a supplement and are over 56 your supplement will be reduced $0.50 per $1 you make over the social security threshold which is about $15,000 I think.(Windfall elimination Program or WEP) Same if you get Social Security payments I think. You may lose them.
I may take a contractors job soon and know I will lose my ~$13,000 supplement but will make about $40,000. So I'll be woking for $27,000 not the $40,000. But, it will add to years of work for Social security and increase its payments some when I get there.
Just be aware.
100 G
RSI - Relative Strength Indicator DMA - day moving average
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