Buyout eligibility


Q. I am 55 with almost 10 years in FERS and 31 years military, for which I haven’t made a deposit. If a reduction in force happens, would I be eligible for a buyout or severance pay?

A. Yes, you’d be eligible for a buyout. No, you wouldn’t qualify for severance pay. That’s because you are either receiving or eligble for either civilian or military retirement benefits.


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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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