Q. I joined the Marine Corps in 1988, served until 1992 and bought back my deposit. I then worked under federal law enforcement — 6(c) coverage — until 2001, when I transferred to a non-6(c) covered position until 2004, with no break in service. I then immediately obtained a position under the 6(c) provisions with no breaks in service as a special agent and am still employed. I am 43 years old and will have 32 years of federal service at age 50. At what age can I switch to a non-6(c) position and still retire with the law enforcement/firefighter…
Browsing: minimum retirement age
Q. I am a FERS employee with 22 years of service. I will have 30 years of service in eight more years and will also be 50. Can I retire with 30 years of service and collect (i.e., request an early retirement package)? I’ve read the deferred retirement, but my understanding is I would not be able to receive a pension until my MRA, 57.
Q. I have 29 years of federal service and am 50 and under FERS. If I am involuntarily separated by a reduction in force at age 50, do I get the FERS Social Security bridge along with my Discontinued Service Retirement, or do I have to wait until I turn 56 to collect the bridge portion of my retirement? Does this start automatically with the DSR, or do I have to apply for the bridge with SSA when I am 56?
Q. I entered federal service as a 1811 in 2001. I will reach 20 years of service in 2021 and would like to retire (at 20 years), but I will only be 46 years old. Can I retire with partial retirement and then, upon reaching age 52, receive full retirement benefits? OR am I required to have 20 years and minimum retirement age? I am confused as to when I can retire as an 1811.
Q. I’ll soon leave military service to work as an SES. 1) How many military years can I buy back into federal retirement system? I have 15 years of active duty and 10 years of reserve duty. Can I buy back all 25 years? 2) If so, does that mean I can retire from federal service after five years of service, totaling 30 years total? I would be age 50 at that time, born in 1967.
Q. I am a 29-year-old FERS employee with 3½ years of service. Given sequestration and budget cuts, I fear my position may be eliminated long before I’m able to retire (MRA of 57). I’m trying to be as financially prepared as possible. I understand that I am entitled to my contributions (plus interest) to FERS regardless of years of service. I’m trying to understand when I am entitled to the government’s contribution to FERS. Is it after five years of service? For example, if I have five years of service but am let go because of budget cuts in year…
Q. I’m 44 with 16 years in a covered federal law enforcement position plus three military years (which I haven’t bought back yet). How soon can I retire? When I reach 20 years in service, I’ll be only 48, or do I have to wait to reach 50? Could I retire then, and if so, what would I be leaving on the table?
Q. I work for the federal Bureau of Prisons under FERS. I have eight years of active military paid for and five years’ civilian service. If I resign my position, will I be eligible to collect a deferred annuity at 57, my MRA, with the 5 percent penalty, because that will be more than 10 years’ government service combined, or will I have to wait till age 62?
Q. I am a traditional guardsman and am considering federal employment. Does any of my inactive duty or mobilized time count toward retirement or leave accrual? I’m 43. What is the minimum number of years I would need to work to qualify for a pension, even deferred? Whom can I contact for more information?
Q. 1. I left the Fed in November 2011 with 22 years of creditable service (military time buyback included) and, as I am under my MRA of 56, would not be eligible for my retirement benefits without penalty until age 62, correct? 2. Can I work part time (consultant) on an agency’s payroll without affecting my current status, or would that part time add to my benefit? 3. Also, if I came back to the Fed and did three more years of full-time work before age 62, would that reinstate my health benefits?