Q: I have eight years of work under FERS and will be 62 in a few years. I have left the civil service and understand that age 62 is the minimum age I can receive a deferred annuity. Is there any increase in the annuity if I wait a year or more after age 62 before filing?
A: No. Your annuity will be based on your high-3 and years and full months of service on the day you left government.