Q. I am a FERS employee with 28 years of service and have met my minimum retirement age. I will not be eligible for full retirement for another two years when I am 60 and have 30 years of service. If I am offered a Voluntary Early Retirement Authority/Voluntary Separation Incentive Pay (I work for the Army), will I get an annuity reduction if the offer is not a reduction in force?

A. If you accept a VERA or VSIP, you won’t be subject to the 5 percent-per-year age penalty for being under the age 60.


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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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