Postponing Retirement Under FERS

If I elect a postponed retirement to age 62, will I receive an increased annuity?

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.

About the Author

John Grobe is the former President of Federal Career Experts, a firm that provides pre-retirement training and seminars to a wide variety of federal agencies.