Q. My mother is in her late 80s and needs daily assistance to manage. Is there a provision in law that would allow me to retire now to take care of her even though I’m only age 48 with 22 years of FERS service?
A. No, there isn’t.
Early retirement
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I am CSRS ELIGIBLE for retirement in August 2020. I have not submitted nor received the blue book forms. Do I refuse it unopened to postpone my retirement?
I have no idea what you mean by “blue book forms.” Is you agency undergoing a reorganization or RIF and sending out notices to employees who might be affected? Or are you in an occupation where you are required to retire when you have a specific combination of age and service?
This is our retirement request package (blue book). You verbally inform USPS personnel employee the requested retirement date and it is generated in A Blue Book of required retirement forms.
This is our retirement request package (blue book). You verbally inform USPS personnel employee the requested retirement date and it is generated in A Blue Book of required retirement forms.
There is no age required retirement, however my CSRS will Max out at 40 years 11 months of service. I only have 37 years of service this year
The fact that your agency presented you with that information would have no affect on your right to decide when you want to retire. Working until your earned annuity reached its maximum of 80 percent would have no affect on your right to stay on the job as long as you want to. While retirement deductions would continue to be taken from your salary, when you do retire you’d receive a refund of that money with the option of keeping it or using it to purchase additional annuity that isn’t subject to the 890 percent limit.
I’m planning on retiring at age 49 with 25 Years of FERS service. From my understanding, I will start receiving my annuity at MRA(56-57) unless my agency offers a VOluntary Early Retirement then I will be able to have my annuity after retiring. Is this correct?
If you leave government before you are eligible to retire on an immediate annuity, you’ll be resigning not retiring. If you do resign, you can apply for a deferred annuity when you reach your MRA. If your agency offers you an early retirement opportunity, you could retire immediately because you have at least 25 years of creditable service.
Thank you for the clarification. 😊
You’re welcome.
Hello i’m 50 years old with 31 years of service if the agency offers early out would i be eligible? i work for the social security administration
Yes, you would be eligible. When offered an early out, any employee who has at least 25 years of service can retire regardless of his or her age.