MRA+10 and penalty


Q. Can I retire from FERS (civil service) at 59 with 24 years (16½ active duty, eight civil service) and receive retirement payment when I retire at 59? I’ve read many columns, and I can’t find one that answers my question. If I’m penalized, what is the penalty amount in dollars?

A. Yes, you could retire under the MRA+10 provision and receive an immediate annuity; however, it would be reduced by 5 percent for every year you were under age 62. You could reduce or eliminate the age penalty by postponing receipt of your annuity. Alternatively, you could continue working until age 60 and retire on an immediate, unreduced annuity.


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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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