Retirement date


Q. I am a FERS employee and wish to retire on my birthday, Oct. 1, when I reach 56, which is my MRA. This is, however, two months before I reach 32 years of service. Is there an advantage waiting to retire on my job anniversary when I get credit for 32 years of service instead of the 31 years and 10 months of service I would have if I retired on my birthday?

I have FERS and someone told me that I would get full annuity with more than 30 years under my belt if I retire at MRA. Is this true?

A. Because you are a FERS employee, every full month you work is worth 1/12 of 1 percent of your high-3, It’s up to you to decide if it’s worth it to work two more months rather than retiring when you reach your MRA.


About Author

Reg Jones was head of retirement and insurance policy at the Office of Personnel Management. Email your retirement-related questions to

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