Postponing Retirement Under FERS

By on July 9, 2014 in Q&A, Retirement with 9 Comments

Q:  I am under FERS, 59 years old w/28 years of service. If I elect a postponed retirement to age 62 will I receive the additional 1.1%?

A: It turns out that you have to be age 62 “at the time of separation”, so the answer is NO.

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About the Author

John Grobe is President of Federal Career Experts, a consulting firm that specializes in federal retirement and career transition issues. He is also affiliated with TSP Safety Net. John retired from federal service after 25 years of progressively more responsible human resources positions. He is the author of Understanding the Federal Retirement Systems and Career Transition: A Guide for Federal Employees, both published by the Federal Management Institute. Federal Career Experts provides pre-retirement seminars for a wide variety of federal agencies.