Re-entering federal service

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Q: I am 56 years of age with 21 years of service under FERS with the Department of Defense Education Activity. I took voluntary early retirement  in June  What are the restrictions for taking another full-time permanent federal position with a different agency? Also, how will it affect my benefits/annuity?
 
A: Your annuity will stop and you’ll be treated like any other employee. You wouldn’t be able to retire again on an immediate annuity until you met the age and service requirements. Of course. you could retire under the MRA+10 provision; however, your annuity would be reduced by 5 percent for every year you are under age 60, unless you postpone the receipt of your annuity to a later date.
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Reg Jones was head of retirement and insurance policy at the Office of Personnel Management. Email your retirement-related questions to fedexperts@federaltimes.com.

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