Q. I am under the FERS retirement system. I am 49 with 21 years of service. I am being told there will be a VERA/VISP offered this fall and next spring. I will turn 50 during the VERA/VISP timeline. If I take the VERA, will my government annuity be reduced by the 5 percent per year?
A. If you accept an offer of early retirement, you will be exempt from the 5 percent-per-year age penalty.
