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Money and Finances
Reply to "Fed Retirement Under FERS"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Normal retirement age for Feds is 57. That's 30 years. How does that amount to 40%?[/quote] 1. 57 is the minimum retirement age, not normal retirement age. 2. The normal retirement age for people in this country is mid 60s. That gets you to around 40 percent. Hope this helps, but happy to discuss further if you have difficulties.[/quote] Some of it depends on the Agency. FBI agents must retire at 57 (I think it's still 57???) except under very specific circumstances. The point is, there is a mandatory retirement age.[/quote]
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