Deferred retirement


Q. I was involuntarily separated by base closure and realignment in 1996 with 11 years of service. My minimum retirement age is 56. Can I begin my annuity at age 56 with a penalty?

A. Yes, you can. The penalty would be 5 percent for every year (5/12 percent per month) that you are under age 62.


About Author

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

Leave A Reply