Annuity reduction


Q. I retired under VERA, with my last day 2-28-18. I had 28 years in the U.S. Postal Service and am 53 years old. What percent of my pension did I lose by not waiting till 56 and 2 months?

A. To find the answer use the following formula, first with 30 years of service then with 28:

.01 x the average of your highest 3 years of basic pay x your total years of service


About Author

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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