Q. I’m 56 years old, which is my MRA, as I’ve been a federal employee for 28 years and 7 months. If I’m offered an early out and retire, will I be entitled to the special retirement supplement?
A. Yes, because you’ve already reached your MRA and have at least 25 years of service.
2 Comments
What about if your not offered? I have 28yrs in and I’m 56 as well. lol
If you aren’t offered an early retirement opportunity, you could still retire under the MRA+10 provision. If you did, your annuity would be reduced by 5 percent for every year (5/12th of 1 percent per month) that you were under age 62. You could reduce or eliminate that penalty by postponing the receipt of your annuity to a later date.