Deferred retirement?

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Q. I am 55. I wish to stop working for the government in three years, when I will be 58. I will have 26 years under FERS. I have approximately 2,000 hours of sick leave. Can I defer my retirement and submit for retirement at age 60? Would I lose my sick time, or would it be credited?

A. Yes. Because you have at least 20 years of service, you can apply for a deferred retirement at age 60. However, you wouldn’t receive any credit for your unused sick leave.

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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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