When to retire


Q. I am under FERS and have been employed by the General Services Administration since Feb. 5, 1985. I am 45 years old with 27 years of federal government service. I am a GS-14. I would like to know exactly when can I retire.

A. It’s amazing that you could have been a FERS employee for that many years and not know the age and service requirements for retirement. Here they are: age 62 with five years of service; age 60 with 20; at your minimum retirement age with 30; and at your MRA with 10 but fewer than 30. Minimum retirement ages range from 55 to 57, depending on when you were born. Note: If you retire under the MRA+10 provision, your annuity will be reduced by 5 percent for every year you are under age 62.


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.

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