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Reply to "Leaving the fed--any advantage to completing ten years first?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Hi OP. Read the section here on deferred annuities: https://www.opm.gov/retirement-services/fers-information/eligibility/[/quote] OP again. Ah--after reading this, I am confused, and I wonder if there *is* something slightly different about ten years of service. If I understand correctly, with ten years of service, you can begin receiving your pension at the "Minimum Retirement Age" of 57. Otherwise, you wait until 62. [/quote] Yes, you could get your pension at the MRA with 10 years of service but it will be reduced unless you wait until 62. If you make it to 20 years, you could begin collecting at age 60 without being penalized.[/quote]
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