Q. I have 18 years of service and I am 51 years old. Can I do an early retirement and receive Social Security and pension? A. No. If your agency was offering early retirement, you would have to meet one of the following age and service requirements: age 50 with 20 years of service or at any age with 25. You don’t meet either requirement.
Browsing: Early retirement
Q. If I accept a VERA with just over 30 years of service under FERS at age 54 and with just under 18 months to go before I reach 56 or my MRA, would I still be immediately eligible at early separation for the special retirement supplement under a VERA, or do I have to wait until I turn 56? A. The special retirement supplement will begin when you reach your MRA.
Q. I retired in January with 38.4 years of Postal Service EAS service, too early. In February, my doctor changed my blood pressure medication, and it was like the fog had lifted. I realized I made the biggest mistake of my life. I’ve called Shared Services, OPM, our human resources department multiple times for reinstatement with the same response of no, except one person from OPM indicating I could return and suspend my retirement. I am desperate. Using the medication sounds like a poor excuse except for the fact that my actions were so out of character for me.
Q. I have 27 years in the Postal Service; my age is 56, and I am looking to retire soon. Am I eligible to retire with my full annuity? If not, how much would I be eligible for? Would I be eligible for early-out retirement if offered?
Q. My husband may be transferred resulting in my need to leave federal government employment. I have 21 years of service with the federal government and was born in 1959. For clarification: 1. Do I need to be 56-years-old before I can leave and qualify for deferred retirement? 2. If I leave, and am eligible for a deferred retirement, at what age can I begin my retirement without a penalty? 3. Will my accumulated sick leave apply toward my time? 4. If I take a deferred retirement, will I still qualify for FEHB and, if so, at what age?
Q. When is creditable service NOT creditable? As an Air National Guard Federal Technician, my local human resources office insists that three-plus years of Title 10 Active Duty military service (which I’ve paid my deposit for) cannot be used to satisfy the 20-year minimum service criteria for early/involuntary (loss of military membership) retirements in IAW 5 USC 8414 (c)(2). Is this correct?
Q. I am 51 years old and have suffered a stroke. I realize I could probably apply for FERS disability retirement, but I have a dilemma. I am buying back my military service time, but I have about five years to buy it all back. Which is better to apply for disability retirement or regular early retirement?
Q. I retired on Jan. 31, 2014, under an offer of early retirement and will not reach my minimum retirement age until August 2014. Can I apply for special supplement income prior to my MRA knowing it takes time to process or do I have to actually wait until I reach 56 years of age?
Q. I am currently employed with the Bureau of Prisons,and in three years, I will have 20 years law enforcement time. But I will only be 48 years old. Can I just retire from the BOP in three years with total of 20 years law enforcement at age 48? I’d wait until I am 50 years old and start collecting my retirement. From age 48 – 50 I plan just to work at Wal-mart or a grocery store. I also bought back 6 years of my military.
Q. I have 25 years of service in the federal government, and I’m 48 years old. If I leave government service now, when would I receive my pension if I take a deferred annuity. If I start at the minimum retirement age, would there be a reduction for every year I’m under age of 62? What if I wait and leave federal service at age 53 with 30 years of service? Would there still be a reduction in pension if I began receiving my pension at the minimum retirement age, even with 30 years of service? Also, at what age can I…