Q. I am nearly 48 with 23 years of service. If I were to accept a Voluntary Early Retirement Authority, if one were offered when I turned 50, other than not receiving the special retirement supplement until I reach my minimum retirement age, what benefit is there if I wait until I am 56 with 30 years of service as opposed to 50 and 25?

A. For one thing, your annuity would be a minimum of 6 percent higher, even greater if your basic pay went up during the three years before you retired. In addition, you’d immediately begin receiving the special retirement supplement.


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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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