Dual status retirement


Q. I am a military technician who is reaching age 60. At that time, I will only have 16 years civil service. Will I receive a full retirement with the special retirement supplement? Or will it be a reduced retirement?

A. I can’t speak to the military side of the equation. I can tell you that on the civilian side you’d be retiring under the MRA+10 provision. As a result, your annuity would be reduced by 5 percent for every year (5/12 percent per month) that you were under age 62 when you retire. You could reduce or eliminate the age penalty by deferring the receipt of your annuity to a later date. Whether you immediately accepted or deferred your annuity, you wouldn’t be eligible for the special retirement supplement.


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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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