Early retirement


Q. I was considering an early-out, but I’m really close to my minimum retirement age, and full retirement for me will be in 2016. Of course, there would be a reduction/penalties if I retire before 2016, but would it be possible for a person to pay the penalties upfront? I assume if I paid this penalty I would get the amount I would receive as if I had worked until 2016.

A. No one can pay the penalty upfront.


About Author

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

Leave A Reply