Q. I have 30 years of service (FERS) and I will be 52 years old this November. If my agency offers a buyout at the end of 2016, would I be able to take it and retire then or must I wait til I am 56 (minimum retirement age) in order to receive an unreduced annuity?
A. If your agency offers you an opportunity to retire early, you could take it and receive an immediate, unreduced annuity. Employees who receive such an offer can retire at age 50 with 20 years of service or at any age with 25. Note: You wouldn’t be entitled to receive the special retirement supplement until you reach your minimum retirement age (MRA).