Deferred vs. postponed retirement


Q. I am a FERS (non-LEO) employee and plan to leave government service at age 50 with 26 years of service. Do I elect to defer or postpone my retirement? At what age do I draw from my retirement; 56, 60 or 62? At what age would I qualify for life insurance to be included again?A. Because you aren’t eligible to retire, you could apply for an age-penalty-free deferred retirement at age 60, or at your MRA with a reduction of 5 percent for every year you are under age 62. As a deferred retiree, you wouldn’t be able to re-enroll in either the FEGLI or FEHB programs.


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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

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