Early retirement

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Q. My husband may be transferred resulting in my need to leave federal government employment. I have 21 years of service with the federal government and was born in 1959. For clarification:
1. Do I need to be 56-years-old before I can leave and qualify for deferred retirement?
2. If I leave, and am eligible for a deferred retirement, at what age can I begin my retirement without a penalty?
3. Will my accumulated sick leave apply toward my time?
4. If I take a deferred retirement, will I still qualify for FEHB and, if so, at what age?


A. 1. No, you don’t need to be 56. If you have at least five years of service you can leave at any age any qualify for a deferred retirement. 2. Age 60. 3. No. 4. No.

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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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