Q. I am 54 years old and have been working for the U.S. Postal Service for 22 years as a city carrier. Am I eligible for retirement? What percentage of my pay will I be able to receive?
A. No, you aren’t eligible to retire now. However, you could resign from the government and apply for a deferred annuity under the MRA+10 provision. If you did, your annuity would be reduced by 5 percent for every year (5/12 percent per month) you were under age 60. Your annuity would be based on your high-3 and years of service as a FERS employee when you left. Note:If you did leave and apply for a deferred annuity, you wouldn’t be entitled to the special retirement supplement nor would you be allowed to reenroll in either the Federal Employees Health Benefits or the federal Employees’ Group Life Insurance programs.