Q. I have 11 years in FERS and I’m 60. If I take early retirement, will my annuity be reduced?
A. Yes, it will be reduced by 5 percent for every year you are younger than 62.
FERS and early retirement annuity
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About Author
Reg Jones
Reg Jones was head of retirement and insurance policy at the Office of Personnel Management. Email your retirement-related questions to fedexperts@federaltimes.com.