Extension of VERA?

0

Q. Is there any talk of extending the Voluntary Early Retirement Authority? I understand it expired Dec. 31.  I will hit minimum retirement age in two years, and am hoping for a VERA at that time, as I cannot afford to retire before I get my special retirement supplement, and I know I cannot qualify for that until I hit MRA.

A. I’m not aware that the VERA expired. What may have expired is a time period during which an agency was authorized to offer early retirement to its employees. VERAs are usually time limited, with specific beginning and ending dates.

Share.

About Author

Reg Jones was head of retirement and insurance policy at the Office of Personnel Management. Email your retirement-related questions to fedexperts@federaltimes.com.

Leave A Reply