Q. I plan on retiring in 2013 under FERS immediate annuity with 30 years at my minimum retirement age with no penalty. I am FERS code 8, and my annuity computation date and retirement computation date are both Feb. 8, 1983. Is the earliest date that I can retire (to give me 30 years) Feb. 8, 1983?
My 30 years will consist of FERS employment, “bought back” military time, and CSRS time “bought back” via a re-deposit). Will I qualify to receive the FERS annuity supplement even though I will not have 30 years of FERS-only time? Can I use military time and previous CSRS time to qualify to receive the FERS annuity supplement (i.e., the 30 years needed)?
A. The earliest date you can retire is the close of business on Feb. 7, 2013. At that point in time you’ll have completed 30 years of service. If you retired Feb. 8, you would have competed 30 years and one day of service.