Q.  I am a 31-year Army civilian employee under CSRS who will become eligible for regular voluntary retirement on May 12, 2013. (I will have 33 years of service). If the VERA is offered in September or December 2012, would it benefit me to take the VERA or just wait until May 2013 and retire? I know it will not benefit me if it is offered this December. I don’t want to have to take the 2 percent cut for each year under age 55.

A.  Since you don’t want to take the 2 percent per year reduction in your annuity (1/6 percent per month) by retiring before age 55, you’ve already answered your own question.


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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

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