Q. I have 22 years for FERS service but resigned at age 42.
1. When will I be eligible for my annuity?
2. Can I begin taking money earlier? If so, what is the penalty?
3. Do I still calculate my benefits as 22 percent of my high-3, provided I begin withdrawals at age 62?
A. 1. Age 60.
3. At age 60, your annuity would be 22 percent of your high-3 on the day you left government.