FERS early out penalty


Q: Is there a FERS early out penalty (five per year under MRA or 60, etc?)? If I took an early-out with 25 years of service at 53 years old would my retirement (not TSP) be reduced a percentage for each year under MRA or 60?

A: Under FERS, the age penalty is waived for any employee who accepts an early retirement offer.


About Author

Reg Jones was head of retirement and insurance policy at the Office of Personnel Management. Email your retirement-related questions to fedexperts@federaltimes.com.

Leave A Reply