Eligible for early out?

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Q: I will be 52 years old in June and will have 20 years of service in September 2011. Five years of that was as a temporary employee. Could I be eligible to take an early out on the offer of adding five years to my age and five to my service? I do not participate in medical insurance here so that would not be a consideration for me.

A: Because your non-deduction service was performed after December 31, 1988, that time isn’t creditable for any retirement purpose. As for having five years added to your service time and age to make you eligible to retire, that isn’t going to happen. It’s just an unfounded rumor that’s been circulating for years.

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Reg Jones was head of retirement and insurance policy at the Office of Personnel Management. Email your retirement-related questions to fedexperts@federaltimes.com.

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