Browsing: Retirement date

Q. I am retired military and became a government employee (GS9) on Nov. 1, 2010, under FERS. I did not return my military retirement into the FERS system. I will be 62 in July 2016, but I would like to retire at the end of May 2016. I think that my My MRA is 55, and as of now, I have over five years of service. I believe that I am eligible under the 62 years/ five years service retirement. How much will I lose by retiring at the end of May versus staying until July 9.

Q. I will be retiring in 2016 and was considering Aug. 6 (since it’s the end of a pay period), but I have heard that it is best to retire on the first to the third day of the month. Can you give me the pros and cons of each scenario?

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