The Easiest Ways Federal Employees Can Retire Early

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[@jeepdad]

I'm about ready to retire at 57 with 16 years of service and just take the 20% cut. I'm so burned out.

[@phollow174]

crazy talk man, that's what they want. Hang in there :)

[@MajesticLawnGnome]

Lol man I am over here dodging machine gun fire with this new crazy administration 😂 I hope you enjoy a nice retirement make sure to travel

[@JustBCWi]

VERA-eligible now?

[@IOSALive]

Haws Federal Advisors, I'm hooked on your videos, keep them rolling

[@PlanYourFederalBenefits]

Glad you like them!

[@ebo7310]

I'm 42, 23 years of service. I want out now😢🤦🏾‍♀️

[@UNDaDog757]

42, 20 years ... ready too, come on pres musk!

[@FIRE_DrNinjaTurtle]

I retired early and kept my medical benefits and kept my full pension. Delayed retirement at 58.5 years, but you have only 18 months to keep healthcare. I paid my part and the feds part to the National Science Foundation, then at 60 my pension kicked in and my health insurance went back down.

[@dsmith1934]

That’s not retiring early. Early retirement should be before MRA

[@jeffreyblanton9877]

@@dsmith1934it sounds like his MRA was 60 because he probably had less than 30 years but more than 20. Just guessing but I know this retirement system pretty good. In the case he would have retired early. I may try this since I will have 39 years at 57. Leave at 55.5 and pay my on insurance. The only down side is that I wouldn’t get my social security supplement but at least it’s an option.

[@AD-ui2pz]

@@jeffreyblanton9877you should stay till 57 for the FERS supplement unless you really have to go -i have 33 years now and will go after i turn 57 in 3 years to get the FERS supplement and i’ll work part time maybe under the annual limit so I can prolong taking anything from my tsp account

[@David-cv3bp]

@@jeffreyblanton9877 it’s Called “cobra” if you are paying for the insurance and not receiving a pension. It plain terms he resigned and when eligible he applied for the pension. Very few could do that without having additional funds coming in.

[@rolandcuadra]

Thanks for the video. I'm going deferred all the way! My American dream is to get out.

[@FTYC2022]

Im thinking of the same escape. Defer and enroll in an Obamacare plan along with my VA Healthcare

[@ericjohnson9680]

I just retired MRA+10 with the reduction. Retired Army, 100 % t & p Disabled Vet, TSP and 3 brokerage accounts.......Freedom comes with a calculated cost......

[@sevalle]

I really wish there wasn’t an MRA…like hit 30 years and bam full retirement no reduction

[@jamesharper5332]

I second that wish! MRA is B.S.! I'm 55 with 37.5 years of service. Straight out of high-school I started.

[@FTYC2022]

​@@jamesharper5332omg. Are you going choose MRA postponement or Deferment and just get Obamacare? You have to pay a health insurance premium either way.

[@jenniferbmendezful]

@@jamesharper5332 look up IRS “rule of 55.”

[@scottgold1054]

I would have been out 2 years ago but just had to wait till 57.

[@albaptist3385]

@@sevalle It is called VERA.

[@FishOn1]

Realizing you said the most often….. my plan is to take a MRA +10 early because I’m tired of working and I have military retirement plus disability to cover me.

[@lashadow8]

SOLID breakdown and explanation, thank you!

[@zenawarrior7442]

My mom got an early out from the VA, loved it. Seems they don't offer these as much tho? Thanks Dallen again 😊

[@LaunchLearnEntrepreneurship]

Perfect timing. They just opted into the Deferred Resignation program. I'm going to be 53 and 25 years in. Waiting to hear back But now I know what to ask HR for I get the email response from OPM.

[@jenniferbmendezful]

Did they follow up the next day with VERA in your Agency? If so what Agency?

[@LaunchLearnEntrepreneurship]

@jenniferbmendezful no. Not yet.

[@Wi77iam]

Please keep us updated

[@LaunchLearnEntrepreneurship]

@Wi77iam I definitely. Traveling this week. Hopefully have more guidance next Monday.

[@RichFitzwel]

Great content. Can you do one on FERS disability retirement

[@dsmith1934]

Probably useful but this to is not an early retirement since to collect your benefits you have to wait until you’re 62. Or go back to work

[@PlanYourFederalBenefits]

Yes, here it is: kzbin.info/www/bejne/pKG2koVnrL-qgJo&pp=ygUwaGF3cyBmZWRlcmFsIGJlbmVmaXRzIEZFUlMgZGlzYWJpbGl0eSByZXRpcmVtZW50

[@nsmith4155]

Very helpful. Thanks

[@maribelishooked4378]

I’ll reach my MRA 56;yrs 10 months in March of 2026 with 40.5 yrs of service. I’m ready.

[@scottgold1054]

Good luck retired last year at 57 happy as heck with only 35 and young people will be fooked later when social will be slashed.

[@scottschuler7940]

Could you cover discontinued service retirement in a future video? We are about to go through a RIF.

[@PlanYourFederalBenefits]

Certainly, we can also meet with you one on one if you would like. Feel free to book a meeting here: app.hawsfederaladvisors.com/whatservicemakessense?_gl=1*1txxop1*_ga*MjEyNjM2NDU1Ny4xNzE3NDM1OTAw*_ga_S1DEXGL1X8*MTcxODkwOTkyNS4yNC4wLjE3MTg5MDk5MjUuMC4wLjA.

[@gregthomas2448]

I hit the lotto VERA/VSIP age 55 in 2022. Worked 21 to 55 34 years service. I reside in a no state income tax state. The VSIP was 17.5K after taxes and the special social security benefit (bridge) started when I turned 56.5 years of age. My advice make sure you load up in thrift, have no debt and having another revenue stream would be ideal. The bridge is subject to the earnings test. Not sure why because OPM funds that anyway not social security. Seems a bit unfair. Other than that happy tanned and relaxed 👍🏆 🏝️

[@hrobbins]

Thats amazing! If I get offered VERA/VSIP Im taking it. (Im not eligible yet lol)

[@Fedupgarbageguy]

The reason why the supplement is subject to the earnings test is because it is supposed to mimic social security for those who can retire before age 62 and be eligible to apply for SS. Since SS has an earnings test, so too does the supplement.

[@gregthomas2448]

@ guess who is eliminating the SS earning test. Trump. Look it up.

[@ebo7310]

The Federal government is ridiculous. Ill have over 30 years of service at 50 and still too young to retire with full or normal retirement. I'll have the years but not the age. I want out now.

[@albaptist3385]

We share the same scenario. The only way out "now" is....😂

[@andrewjackson4510]

Adios amigo

[@scottgold1054]

Vera or 57 lucky I was 57 and 35 out the door.

[@albaptist3385]

@@ebo7310 The updated FAQ approve VERA which is essentially 25 yrs of service any age, and 50 years min 20yrs of service. That is your ticket.

[@davidrex9592]

Thank you for the constant advice.

[@reidloscidem3562]

I'm always hoping for a VERA. 🙏

[@noblewv70]

Me too!!!

[@pamelar.edwards2617]

I have been visualizing a Vera coming into my life. I didn’t know the feds had a formal name for it before this video.

[@jamesharper5332]

What sucks about a VERA is its only offered if your position is abolished, restructured, or downgraded. I don't think they offered a straight-up VERA saying you want out early, here you go. I think in the early 90's, maybe.

[@maribelishooked4378]

Me too

[@bradgro2921]

Currently I'm 45 yo with 20 years in. I'm assuming I'd be able to do deferred retirement as well.

[@soldierryemusic]

Ok let’s see if I understood. I’m planning on leaving the government at 51 with 30 years. I can do either postponed or deferred. Was hoping to get pension at 57 but that means I would get penalized until 60?

[@PlanYourFederalBenefits]

Great questions. You cannot retire with a postponed retirement at age 51. Only a deferred. You would have to wait until your MRA (probably age 57) to get a full retirement. In your situation, you wouldn't qualify for a postponed retirement (MRA + 10) retirement because you would have 36 years of service at your MRA.

[@soldierryemusic]

@@PlanYourFederalBenefits oh got it! Ok thank you so much! So then I could get a fers supplement at 57 which can cover my penalties.

[@David-cv3bp]

@@soldierryemusic at 57 with 30 years there is no penalty, that is a full retirement with supplement

[@ray.d.oeaux1230]

Your videos are extremely informative. Can you provide the link for the MRA +10/Postponed?

[@PlanYourFederalBenefits]

Thank you very much. Here it is: kzbin.info/www/bejne/jGGUkGV_ia6Xd5Y&pp=ygUnaGF3cyBmZWRlcmFsIGJlbmVmaXRzIE1SQSArMTAvUG9zdHBvbmVk

[@ray.d.oeaux1230]

@@PlanYourFederalBenefits Thank you.

[@Fro_Low]

Q: I currently have around $500k in the Traditional TSP, but am seeing the advantages of having a Roth pot to help offset some taxes in the retirement years. I know I can do Roth conversations after retirement if I move to an IRA, but with 6-9 years potentially left, should I start putting my into the Roth TSP to build that pot of money up or just stay with the Traditional and pay the Piper down the road?

[@SpookyEng1]

I am until the end of 25 because tax rates will most likely revert to 2017 schedule (higher) after 2025. You can always put 25-50% in Roth to get the benefits of both and not take the huge tax hit now. Most convert after retirement and before SSA when I come is lower.

[@David-cv3bp]

Leave it where it is and just allocate new money to the Roth

[@mariemedeiros5672]

@@Fro_Low open a roth outside of the tsp.

[@rola4721]

What happens if you have 20 yrs combine federal service. And decide to leave service early, but not 62?

[@jimmywalters3071]

You can retire normally with at least 20 years of federal service at age 60. It 's best to wait till you are 62 as you got 10% more in retirement $$ so 1.1% instead of 1% of your high 3 year salary.

[@delbrett2257]

You still get a pension at age 60, so if you are younger the tsp savings each month might work till the pension starts at age 60 but not automatically.

[@delbrett2257]

Also no health insurance benefit.

[@scottgold1054]

Yep 60 is earliest.

[@David-cv3bp]

@@jimmywalters3071 , its not really 10% as one thinks it. It is one tenth more for each year, which at 20 yr for age 62 is 22% of pay and not the 20% . So it is 10% more of your 20% only.

[@edhcb9359]

FERS is a pretty weak pension as far as public sector pensions go.

[@concken1]

compared to what? What is best?

[@edhcb9359]

@@concken1 FERS pays you 1% to 1.1% back per year worked vs most state and local pension systems that pay you 2% to 3% back per year worked. So for example, if you worked 30 years for the feds and got 1.1% back per year, a person who made $100k per year peak earnings would get $33k per year as their pension. A pensioner who also spent 30 years working and earned $100k peak at a state that pays 2.5%(for example) would get $75k per year in pension.

[@jeffreyblanton9877]

The FERS retirement system was set up to work as a 3 tiered system. You also have to ask how much money the state pulled out of the employees paycheck to fund their pension. I pay less than 1% for my FERS pension and I promise you a state pension is pulling more than 1%. If you take the difference and put it in the TSP C fund for 30 plus years earning 9% you’ll see that the FERS pension is a pretty great retirement system. I’ve actually run the numbers and the FERS system beats the old Civil Service retirement as long as you are disciplined enough to put the difference in the TSP and thus along with the match adds up to a pretty fat stack of cash that you can pass on after death. I’m not saying a State retirement is no good but you have to look at how much it’s cost you to fund the pension. Also the TSP has an annuity that you can purchase at retirement if you choose but I wouldn’t recommend it personally but it’s the same as a “pension” , the only difference is you create your own.

[@edhcb9359]

@@jeffreyblanton9877 Even at 9% it’s nowhere near. And 9% is not a guarantee either.

[@SK-qc6fb]

Those other pensions do not have matching funds for their 457plans. As a fed, you can pass part of your pension, namely the TSP matching funds plus the growth on those funds into your estate! For my situation, that's close to 20% of my TSP.

[@conniegarcia5005]

Hi Mr. Haws! Love your videos on Federal Government Retirement! I would like a one on one. I have too many questions to post. :) Hope to hear from you! - Connie

[@PlanYourFederalBenefits]

Hey Connie, Great to hear from you. Feel free to schedule a one-on-one meeting with us through this link: app.hawsfederaladvisors.com/whatservicemakessense

[@leonardbonyeau833]

So I've reached my MRA already at age 57 with 37 years total. Can I take advantage of the deferred offer, and retire on Sept 29 and keep my health insurance?

[@jenniferbmendezful]

Wait for VERA, just offered at my Agency, after the initial buyout offer

[@KillerBandaid]

What about retired military that transitioned to GS?

[@reidloscidem3562]

You could buy your years back, but I rarely see that since it is not beneficial for the employee.

[@glasshalffull2930]

I know a retired FBI/military guy and he said it is very common for those with former military service to buy their time back.

[@SpookyEng1]

If you are getting a mil retirement the math on the buyback usually doesn’t make sense unless there is a huge disparity between the two grades (like a retired E-6 and then a GS-14 in Civil Service)

[@David-cv3bp]

@@glasshalffull2930 , some of those agents retired from Reserve military. The FBI has a maximum entry age and a retired military person normally would not meet the age requirement. Now days they do subtract some military years off your age, but still it’s hard to get hired that way.

[@tonyroy1948]

Only if they didnt earn a full retirement ​@glasshalffull2930

[@concken1]

How does the Military Deposit play into this?

[@PlanYourFederalBenefits]

Great question. Here is a great video about that: kzbin.info/www/bejne/pX_amH-Dm7WBnM0&pp=ygUvaGF3cyBmZWRlcmFsIGFkdmlzb3JzIGJ1eWluZyBiYWNrIG1pbGl0YXJ5IHRpZW0%3D

[@theusconstitution1776]

Under President Trump, there was a new push for early retirement and you have to sign up for the classes to learn about it and that’s coming tomorrow. Can you do a separate video about what the government or president Trump plans to do ASAP 62 just beginning my 15th year with the VA❤️‍🔥❤️‍🔥🙏🏼🇺🇸

[@zx2kain]

What about a special provisions, like a LEO or fire fighter, that can't see anymore or has a health issue?

[@PlanYourFederalBenefits]

Yes, it could be possible for them.

[@jennifermayo8293]

Wonderful explanation!

[@PlanYourFederalBenefits]

Glad it was helpful!

[@johngibbons8595]

Is there still a social security supplement with a VERA?

[@PlanYourFederalBenefits]

We would love to help you with your questions/concerns. Feel free to schedule a meeting with us here: app.hawsfederaladvisors.com/whatservicemakessense

[@andrewjackson4510]

Yes, but you have to wait until you are 57 to start receiving it.

[@scottgold1054]

Only if you are supplement eligible good luck.

[@TheReysinhell]

i have 14 yrs and 53...is there a way for me to retire with MRA+10 during this buy out thing? I don't want to waste the money I used to buy in my military time into FERS.

[@kckuc310]

Great video

[@Anna-ww4pv]

Is he saying age 62 with less than 20 years, I still get full pension?

[@mattbrown7961]

Question I’d like to see for SEC employees. Are there advantages in going all the way to mandatory vs retirement at eligible age? I’m a LEO .

[@glasshalffull2930]

I’m retired LEO from a different agency. The vast majority either retire at 50 and get a second career or the go to the 57 mandatory. Advantage to going to mandatory is that you get an extra 1% towards your pension for each year you continue to work. Another advantage is the TSP catchup provision after 50. LEOs also get the Supplemental Social Security, but if you get another job then if you get pay above (I think) $24K then it is reduced by 50% for every dollar over.

[@mattbrown7961]

@@glasshalffull2930 actually there is no reduction in the supplemental until you meet your MRA. Hence you are leaving money on the table. So I’ve been told.

[@glasshalffull2930]

@@mattbrown7961 That’s not what I heard, but I never exceeded the limit after I retired, so I cannot be sure. Have you checked out FERSGUIDE? It is produced by a retired FBI agent who was a CPA and has made it his life’s mission to completely understand the federal employment system. The guide is about $15.

[@drmitofit2673]

My similar age colleague hired around the same time, opted to go half-time at the mid peak of his career at 10 years service for "family/work balance". I worked full-time continuously and retired at 30 years service at age 58, which everyone said was "early" for an MD. My pension plus FERS supplement and 100% C fund TSP are ridiculously generous. It will take him 50 years working to reach 30 years of service (i.e. forever), although he could retire at 62. Plus, I imagine that my TSP now is bigger than his will ever be. Who do you think has the better family/work balance?

[@NowWhat7894]

Im 52 with 25+ yrs of full time service as rural Carrier and I'm beat to hell due to the parcels

[@ArabellaPottery]

Federal employee makes 150,000 a year. If he retires he will get about $30,000 a year retirement pay. That's a $120,000 income reduction. He said NOPE!!

[@FTYC2022]

Whats the plan?

[@scottgold1054]

How old.

[@joseperez2372]

Great videos! Scenario: 48 yrs old. Looking at CBPO. Buying back 2.5 yrs of Active Duty military. Can I just work 7.5 yrs and be considered MRA+10?

[@PlanYourFederalBenefits]

Great question. Yes, as long as you reach your MRA which is probably age 57.

[@FTYC2022]

Wnat is CBPO?

[@hallhv01]

Got millions here saved for retirement but 9 years out from my MRA. Turning to stone here waiting...... Wish we could go sooner.

[@FTYC2022]

Why won't you defer?

[@petrusdj8416]

How does that work with retired military personnel with 20yrs of service?

[@michealsizemore1]

It would not have any bearing unless you bought back your time, which would not make ane sense to do as a military retiree. I retired from the Army in 2016 at age 42 after 20 years. I now work for the VA doing disability claims. I will stop working for the VA when I reach age 57 and postpone my retirement until age 62, so I am not hit with the 5% reduction. I am also 100% service connected through the VA, which has nothing to do with my pension or my job at the VA. It's all separate. I have thought about deferring my retirement instead of waiting to reach my MRA, but my TSP is not where I want it to be so I will work to age 57, at which time I will have 14 years of civilian government service.

[@peteryi980]

With mra+30 yrs does 10% penalty incur for TSP traditional $ direct rollover to my individual ira with my brokerage?

[@DanKulibert]

I always think of Deferred as the Death of additional benefits

[@joghog]

Good way to remember it since it's easy to get Deferred confused with the Postponed Retirement.

[@BMWi-nc7nv]

Can you included same info but with LEO

[@PlanYourFederalBenefits]

Yes, here it is: kzbin.info/www/bejne/qGLPkGaVrrifn5o&pp=ygUzaGF3cyBmZWRlcmFsIGJlbmVmaXRzIHNwZWNpYWwgcHJvdmlzaW9ucyByZXRpcmVtZW50

[@Aklilu09]

If you do a normal retirement, do you keep your health insurance for life or do you lose it after a certain age? Thank you.

[@Fedupgarbageguy]

For life...

[@cpaul57]

Question???? I did 4 years active duty and then transfered to the air guard. If I bought back my active duty time and air guard tempAGR tours, will i lose out on my military retirement?

[@PlanYourFederalBenefits]

Great question. You will be able to buy back those 4 years. But, once you retire from the FERS, you cannot receive your military retirement.

[@cpaul57]

@@PlanYourFederalBenefits I didn't retire from the military side. So if I bought back the 4 year active duty time, I will lose out on the 4 years towards military pension?

[@David-cv3bp]

@@PlanYourFederalBenefits , I disagree with your remark. Active duty retirement is offset, not Reserve or National guard retirement, which isn’t paid until a person is atleast 60 on most cases. I know so many who get 5 sources of income. FERS, SSA, TSP, MILITARY RESERVE AND DISABLED VETERAN (va)

[@dbguy4853]

What if I am 64 with 4 years of service, can I take a MRA.+ 10 postponed

[@tala9499]

For the deferred option, how do I calculate my retirement I would receive when I hit 60. Let’s say I have 28 years of service

[@delbrett2257]

you would get about 28% of your base pay but no health care benefit.

[@PlanYourFederalBenefits]

Great question. Here is a great video to look at for that: kzbin.info/www/bejne/hJfMinyJgLB4f7c&pp=ygUpaGF3cyBmZWRlcmFsIGJlbmVmaXRzIGRlZmVycmVkIHJldGlyZW1lbnQ%3D

[@ykcirsedroc30]

I’m 58 years old with 28 yrs creditable service, and want to use MRA +10 postponed retirement. I’m unclear if I will need to wait until I’m 60 or 62 years old to receive retirement benefits? Appreciate any input on this matter. Thanks.

[@kenhart2516]

If you can go to 60 you qualify for unreduced pension and FERS supplement. That’s a good deal imo. You are almost there

[@ykcirsedroc30]

Thanks buddy!! 🎉

[@adriennesmith2133]

Yes, get the supplement before 62. I wish I did. But when you reach 62 the supplement stops because you are eligible for social securty.

[@David-cv3bp]

@@adriennesmith2133 the supplement is only for individuals who are eligible for immediate pension, not delayed, not MRA+10,

[@nealp1487]

Are "years" offered under VERA or VSIP? I heard people say in the past the the agency was offering "4 years" and "$50,000. Would this help me if I am 53 with 18 years of service?

[@PlanYourFederalBenefits]

Great question. Here is a great article about VERA and VSIP: hawsfederaladvisors.com/fers-early-out-retirement-vera-and-vsip-the-ultimate-guide/

[@nealp1487]

@@PlanYourFederalBenefits I did not see an answer to my question there

[@Wasaychwrowser09]

i am 52 with 26 years of service. I am burned out big time and really want a VERA.

[@scottgold1054]

Only if you are lucky no supplemental until 57.

[@Wasaychwrowser09]

@ that stinks I will probably just try to stay on at DoD or my current agency. With all this going on * honestly can say, I will be voting Democrat in 2026 for the first time in my life. Sick of the war on working class federal employees by maga.

[@Fedupgarbageguy]

It is so disheartening to see these questions on retirement eligibility from long term feds. Please take a retirement class offered by your agency. They explain all the rules and all the benefits you're entitled to. As a former supervisor, I ensured my staff at least takes the "Mid-Career Retirement Class" when they are 10 years in.

[@tammyea8325]

I am confused about whether to postpone until age 60 or 62. If my husband is age 58 with 26 years, does he postpone until 60 or 62?

[@PlanYourFederalBenefits]

Great question. Feel free to schedule a meeting with us through this link to discuss your questions/concerns: app.hawsfederaladvisors.com/whatservicemakessense

[@jakej5855]

If you hit your mra (57) with 22 years and decide to draw pension is it the 5% per year reduction...until age 60. So 15%...since you have 20 plus years or is it still 5% per year to age 62...

[@PlanYourFederalBenefits]

Great question. It is still until age 62.

[@sandragibson2221]

Im 63 with 35 years of Federal service I plan to work 3 more years. Will i be abe to retire with my Federal BCBS health insurance?

[@SpookyEng1]

Yes

[@Wink527]

My wife resigned from the Federal Government 20 years ago. She had 10 years of service. When she turns 62, is she eligible for a Federal retirement?

[@PlanYourFederalBenefits]

Great question. She should be able to. But, it would also depend on a few other factors. Feel free to schedule a meeting with us through this link to help you in your situation: app.hawsfederaladvisors.com/whatservicemakessense

[@Fedupgarbageguy]

I believe as long as she did not pull her contributions out 20 years ago, that she is eligible.

[@ronisley9716]

How is it that I can retire with a pension, although reduced, at 58 years and 20 years pluses 2 months?

[@delbrett2257]

If you waited till age 60 and used thrift savings for income till 60, there is no deduction but a little less each month for not working the last few months.

[@PlanYourFederalBenefits]

You cannot retire with a full retirement with 20 years of service at age 58. You can at 60 though.

[@ronisley9716]

@@PlanYourFederalBenefits yes I have figured that out. I will retire at 58 with 20 years service under the MRA + 10. I will get a reduced benefit. I can live with that.

[@s.c.6367]

Then they change the multiplier from 1.7 LEO to 1 a year before retirement that you were planning on your whole career now you're out $800-$1000 a month promises promises

[@papabear4066]

I wish there was 57/20 retirement with full benefits

[@jnm-eh6qt]

In other words, don't retire early unless you're offered a VERA, which will likely never happen.

[@dsmith1934]

Exactly, while I like this guys content it seems to be repetitive. If you need FEHB, then there is no way to retire earlier than MRA other than VERA, which they are not going to do for a long time. We can’t get enough new hires as is.

[@MH-yh8rz]

My agency offers VERA all the time, once or twice per year. They want to get rid of the high earners.

[@itguru2037]

@@MH-yh8rzwhat agency?

[@MH-yh8rz]

Federal court. The one I work at is always trying to get rid of the high earners due to the budget. I get the sense that management pressures some employees to take VERA. It always seems like there’s a mass exodus at least once per year around here.

[@jnm-eh6qt]

@@MH-yh8rz Amazing. I have 25 years of service and I have never seen a VERA offered.

[@MajesticLawnGnome]

I called congress they talked about upping FERS to 50 percent 😂 nah I wish

[@javiersmith2216]

If my birthday is 25 dec. Can i walk out w an immediate fers retirement 31 dec.

[@Royale_with_Cheeze]

If your birthday is Dec 25th, you may be able to walk on water 😉

[@delbrett2257]

probably but how many years service and your age would be important to know for sure.

[@scottgold1054]

Depends on age and years.

[@wengs2004]

😆

[@mbjkdajensen]

I've never heard of the 62+5 option. Is this new?

[@404TRUCKERTV]

So its best to stay until 62 for a full blown retirement. 👍👌🙏

[@MartinIrizarry]

In 2027, I will reach my MRA at 57, with but I will have 27yrs of service. Will my pension be reduced if I retired at 57 with 27 yrs of service?

[@PlanYourFederalBenefits]

Great question. You will not be eligible for a full retirement at age 57 with 27 years of service. But, you could either do an MRA + 10 retirement and get your pension immediately, but it would be reduced by 25%. You could also do a postponed retirement and wait to get your pension until the age of 62 to avoid pension penalty.

[@MartinIrizarry]

Thank you for responding to my question. How about if i retire at MRA of 57yo and postpone the pension for three years. Then, I will have MRA+27 years of service and be 60y/o. Will the pension still be reduced?

[@David-cv3bp]

@@MartinIrizarry it’s not a retirement if you do not collect immediately and you may lose health benefits

[@jamesharper5332]

Martin, it's best to just tough out those three years. Leave early and get 25% penalty or wait 5 years to not get the penalty. Either scenario to me is a lose/lose while just hanging tough for just 3 years gets you a full pension with no penalties.

[@itguru2037]

Ladies and gentlemen federal employees

[@mikeanonymous669]

Clear as mud?

[@jenniferbmendezful]

If this buy out is escalated to VERA that would be awesome.

[@UChild825]

OPM just approved VERA for all agencies!!

[@jenniferbmendezful]

@ fed news network just put out article that Trump administration is taking major directing OPM to take steps to cut work force by 70%

[@UChild825]

@@jenniferbmendezful 70%?!? WOW!!! Unreal!!