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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Because a lot of people have had other (non-federal) jobs and don't have 30 years of service and they want to get their full retirement pension.

"If you retire at the MRA with at [b]least 10, but less than 30 years of service[/b], your benefit will be reduced by 5 percent a year for each year you are under 62, unless you have 20 years of service and your benefit starts when you reach age 60 or later."
http://www.opm.gov/retirement-services/fers-information/eligibility/[/quote]

When I'm 57, I'll have 35 years of service. I started straight out of college.[/quote]

Yuck!  So, you don't know anything else.  I have twenty years of non-government work.  I will have to work until I am 65 to receive the 20 year pension.  I believe I am required to work an extra year to receive the 1.1% opposed to the 1% per year.  If I can handle the lack of pay increases and bonuses, I will verify that information closer in time.  I stay because the flexibility (telework, flex hours, leave accrual) is generous compared to private sector.  I need it for my family life.  [/quote]

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