VERA, MRA and age penalty


Q. If USPS offers a VERA, I have 26 years and am 54. I know I’ll be eligible for retirement, but if I leave before 56, my MRA, will there be a reduction in my annuity? Are there any penalties associated with accepting the VERA?

A. The age penalty is waived for anyone retiring under the Voluntary Early Retirement Authority. However, you wouldn’t be entitled to the special retirement supplement until you reach your MRA.


About Author

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

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