Reply to “Lifer” feds, did you/are you planning to retire on schedule?

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Reply to "“Lifer” feds, did you/are you planning to retire on schedule?"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Fed atty here.  I'll probably retire around age 52-55.  I just don't see myself wanting to keep on putting in the grind in my late 50s after I'm already financially secure.  I will just defer the FERS annuity until age 62.

FWIW, I'm currently 46 with about 14 years at DOJ.  So maybe I'll change my mind.  But, I'm thinking I'll just do another 6-8 years and then call it a career.[/quote]

Do you understand that you would be giving up the right to FEHB if you retire before you reach your MRA, which I expect is 57.  [/quote]

Yes, I am aware[/quote]

I believe FEHB is simply deferred and picked up again at retirement.  I don't believe PP would be giving up the rights if s/he meets the 5 year requirement.  (President Carter had only 4 years of federal service, so he was disqualified from FEHB in his retirement.)[/quote]

Apparently there's a difference between deferred and postponed retirements.  Deferred are not eligible for FEHB, but postponed are.  [/quote]

You need to reach minimum retirement age and have 10 years of service (MRA +10) when you separate to be able to have FEHB in retirement.  That is a postponed retirement.[/quote]

So if you retire at 57 (which is the MRA at my agency) with 15 years of service, can you get FEHB?  If yes,  in what scenario?[/quote]

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