Q. I’m 50 years old, under FERS and have 32 years of service. I plan to retire at 56 with 37 years with the U.S. Postal Service. Will I be eligible to receive a supplement from OPM until I reach full retirement age? Is there money through USPS that I would receive?
Browsing: Retirement date
Q. I am under FERS and will be 61 years old in July 2016. I will have 25 years and 4 months of service under my belt. Will I still lose 5 percent for being under 62 years of age if I retire in July 2016?
Q. I am a FERS employee who plans to retire in May. Should I choose my official retirement date as May 28 or May 31? And if one is better than the other, why is that so? I have been told two different things regarding the date. One: It has to be last day of the month because I am FERS. Two: It needs to be last day of a pay period.
Q. I am retired military and became a government employee (GS9) on Nov. 1, 2010, under FERS. I did not return my military retirement into the FERS system. I will be 62 in July 2016, but I would like to retire at the end of May 2016. I think that my My MRA is 55, and as of now, I have over five years of service. I believe that I am eligible under the 62 years/ five years service retirement. How much will I lose by retiring at the end of May versus staying until July 9.
Q. I will be retiring in 2016 and was considering Aug. 6 (since it’s the end of a pay period), but I have heard that it is best to retire on the first to the third day of the month. Can you give me the pros and cons of each scenario?