Voluntary early retirement


Q. I am a postmaster, age 51, with 26 years of service under FERS. I have been offered the VERA. The USPS has stated that in two years, if we haven’t been able to land another job in the executive and administrative schedule (EAS), we would be given a reduction-in-force notice and separated from service. Would I be eligible for an immediate annuity at that time under a Discontinued Service Retirement (DSR)? I realize I can’t touch TSP or receive the Social Security special retirement supplement because I will be only 53, but I would need to be able to receive an annuity to continue health benefits, correct?

A. Yes, you’d be eligible for a discontinued service retirement and, when you reach your minimum retirement age, the special retirement supplement.


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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