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Reply to "Retiring from the Feds at 57"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Under standard Fers- no, you can’t collect health benefits while deferring pension and yes if you retire at 57 with only 15 years of service it will be a lifetime penalty of ~25% of your total pension (you get 5% less for each year that you retire before 62) also keep in mind you will not be eligible for COLA adjustments until you reach 62.[/quote] OP here. Oh wow. It's worse than I thought. Thanks for clarifying. I might have to rethink this plan.[/quote] depends how good you are at work and if you are enjoying yourself. If you are just counting like days like 2/3 of feds then do yourself a favor and get a private job. Some challenge might do you some good. [/quote]
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