RIF, deferred retirement and severance pay


Q. I am 53 years old and have over 10 years of creditable service for FERS retirement. If I am involuntarily separated due to a reduction in force, will I be entitled to a reduced deferred retirement at age 56? Also, if I am RIF’d can I get both the severance pay at separation and the reduced deferred retirement at age 56?

A. Because you wouldn’t be old enough to retire, you would be eligible for severance pay. You wouldn’t be eligible for a deferred annuity until age 62.


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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 fedexperts@federaltimes.com.

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