Q. I am a Navy reservist with over 12 years of active military service. As I understand it, under the 2012 National Defense Authorization Act (retroactive to January 2008), any active-duty service over 90 days in one calendar year allows reserve retirement 90 days earlier than age 60. With over four years of active service since 2008, it appears I can retire from the military at age 56. I’ve been offered a GS job, under which I understand I can convert my active-duty time into FERS. If I elect to retire from the military at age 56, will this affect…
Browsing: Early retirement
Q. If I retire early at 50 years of age with 30 years of service under FERS, I understand I’d have to wait until my minimum retirement age to receive the special retirement supplement. What reductions would I have in my retirement annuity? Would I be able to receive monthly Thrift Savings Plan annuity at age 50?
Q. I am under FERS. I would be eligible for retirement if an early-out is offered with at least 25 years of service (I have 27½). I would like to go now and would prefer to do so under an early-out offer so that my retirement will start right away instead of having to take a deferred retirement. If I get a job offer before the early-out comes, once I sign the final papers and retire, then an early-out is offered a month or so later, is there a window that I may rescind my retirement to be included in…
Q. If I take the early retirement offered to me, being under FERS, will I receive the incentive pay?
Q. I am under FERS Offset. How does the FERS offset retirement works? Will I receive the same retirement benefits as CSRS?
Q. I have 31 years of federal service with the National Park Service. I have 18½ years of law enforcement service (because the Firefighter and Law Enforcement Retirement Team took away four permanent years of law enforcement service). I will be 60 in September. Is it possible for the government to give me an early retirement and give me the last year of the 20-year retirement special pay (January 2014 instead of January 2015)? Or do I need to work the last year to get the 20-year special pay. The early-out and incentive payment may be offered soon.
Q. I am a federal law enforcement officer with 6(c) retirement under FERS. Are law enforcement officers with 6(c) retirement eligible for early outs earlier than 25 years at any age or 50 years of age with 20 years of service? If so, what are the requirements?
Q. I am retired law enforcement officer. At what age does my special retirement supplement stop, as a provision for early retirement? I’ve heard that it stops at your minimum retirement age, which, for me, I was told, is 56. I’ve also heard 59 and 62.
Q. I am a civilian working for the Air Force and we keep hearing about an early-out possibly in spring 2014. I am an engineer and have been with the government for 22 years. I am 56, so I meet the age 50 and 20 years of service, but as far as I know, the government does not typically offer an early-out to some of the critical positions such as engineers. Is it possible that this could change? It seems unfair that certain series would not also get that option.
Q. I am a retired postal clerk on disability with 29 years and six months of service at 53 years old. Can I change my retirement to regular if they offer an early-out?