FERS early retirement

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Q. My service computation date is April 1983. I am 51 and a veteran. I did seven years on active duty. Am I eligible for the $25,000 early retirement? I am under FERS.

A. With rare exception, anyone offered a Voluntary Separation Incentive Payment can accept it, whether he is eligible to retire or not.

In your case, you could also retire because you are at least 50 years old and have at least 20 years of creditable service.

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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 fedexperts@federaltimes.com.

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