Q. I have 33 years of service and will have 35 when I reach age 62. I am ready to move on; however, I am only 60 and would like to delay/postpone/resign (unsure which term to use) my actual retirement date until age 62. In other words I do not want to retire on paper until age 62 but at the same time stop coming into work six months before turning 62 and still pay for health benefits under FERS. Which form(s) should be completed?
A. There is no provision in law or regulation that would allow you to do what you are proposing. Further, the Comptroller General of the United States has ruled that employees may not take terminal leave. Since you are already eligible to retire, you can do that whenever you want to. You just need to pick a date that meets your needs.