Q. I am 51 and have 32 years for FERS retirement now. I need to be at least 56 to retire. If I quit civil service now and work in the private sector, will I still receive FERS retirement and the FERS supplement when I turn 56? What other benefits would I lose, i.e. health insurance?
A. If you left government now, you could apply for a deferred annuity at age 60. You wouldn’t be eligible for the special retirement supplement, nor could you re-enroll in either the Federal Employees Health Benefits or Federal Employees’ Group Life Insurance programs.