Phased retirement

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Q. I had heard that there might be an option to retire “gracefully,” e.g, work halftime for two years while also getting your retirement. I am under CSRS. Is this so?

A. You are referring to phased retirement. The Office of Personnel Management hasn’t yet issued regulations to implement Public Law 112-141. When it does, agencies will have to publish their own regulations and guidelines. You can learn more about phased retirement by searching through OPM’s Q&A at www.opm.gov/FAQs/Search.aspx?q=phased%2Bretirement.

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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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