Browsing: MRA + 10

Q. I am 54 years old and have been working for the U.S. Postal Service for 22 years as a city carrier. Am I eligible for retirement? What percentage of my pay will I be able to receive? A. No, you aren’t eligible to retire now. However, you could resign from the government and apply for a deferred annuity under the MRA+10 provision. If you did, your annuity would be reduced by 5 percent for every year (5/12 percent per month) you were under age 60. Your annuity would be based on your high-3 and years of service as a FERS employee when you left.…

Q. I am trying to find out if I am eligible for a deferred retirement. Here are the specifics: 1. I am 61. 2. I have a total of four years of government service (with one break in service) as of December 2015. 3. I have bought back my military time (6.5 years). Can I do a MRA+10 deferred retirement under FERS now?

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