Q. I am planning on taking a FERS MRA+10 postponed retirement in 2016, when I will be 56 and have 25 years of federal experience.
a) What is the earliest age I can receive unreduced benefits? Can I start at 60 since I will have more than 20 years of federal service? b) Will any unused sick leave be credited toward my years and months of service at that point? c) How do I start receiving benefits when I am ready?
A. What you mean is you are planning to retire under the MRA+10 provision and postpone the receipt of your annuity to reduce or avoid the age penalty. a) If you want to receive an unreduced annuity, you will have to wait until you are age 60. b) Any unused sick leave will be credited when you retire, not later. c) When you retire, OPM will provide you with the information you’ll need to activate your annuity.