Waiver for buyout?


Q. Does the federal government give a waiver for a buyout if you only have one month left to make 20 years of civilian service?

A. No, it can’t give a waiver of the age and service requirements to retire. However, in the case of a buyout, that’s irrelevant. Anyone who has been offered a buyout is free to accept it, whether he is eligible to retire or not.


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