Q. I am a retired military officer with no buyback time. I have six years of federal service and am 58. If I understand the deferred retirement eligibility, I could resign from federal service at this juncture and apply for some level of deferred annuity at age 62, correct?
A. Because you have at least five years of civilian service under FERS, you could resign and apply for deferred annuity at age 62.