Q. If I am RIF’ed under FERS with 24 years of service at age 58 in September 2014, am I going to be penalized 5 percent per year on my annuity for being under 62 years old, or is there no penalty? I am an EAS employee with the Postal Service.
A. If you are hit by a reduction in force and retired, the age penalty would be waived.