Disability retirement


Q. I have been receiving a FERS disability retirement annuity since November 2007. I am 60 years old. What will happen when I am 62 years old? Will I be able to draw my retirement without a penalty?

A. At age 62, your disability annuity will be recomputed and converted to a regular annuity. To do that, your actual service will be added to the time you spent on disability retirement. The total time will be multiplied by 1 percent. The product will be multiplied by your high-3 on the day you went on disability retirement, increased by any cost-of-living adjustments payable from that time to 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 fedexperts@federaltimes.com.

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