Severance + MRA retirement?

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Q. If involuntary separated (reduction in force) from civil service with 10 years of service and 56 years old (minimum retirement age eligible), am I forced to file retirement under MRA with 30 percent penalty and draw no severance pay, or can I collect severance and MRA retirement with penalty?

A. Retirees aren’t eligible for severance pay.

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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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