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Thread: FERS MRA+10 Age Reduction

  1. #1

    Default FERS MRA+10 Age Reduction

    I would like to retire before 60 under the FERS MRA+10 option. However, I will be hit with the 5% per year under age 62 annuity reduction. I seem to recall having read some literature that if I have more than 20 years of service(which I have), then the age reduction would be 5% per year under age 60. Is this still true?

    Thank you.

    Apologize if this is a repeated post. For some reason, my previous post did not appear on the forum.


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  3. #2

    Default Re: FERS MRA+10 Age Reduction

    Quote Originally Posted by dtech77 View Post
    I would like to retire before 60 under the FERS MRA+10 option. However, I will be hit with the 5% per year under age 62 annuity reduction. I seem to recall having read some literature that if I have more than 20 years of service(which I have), then the age reduction would be 5% per year under age 60. Is this still true?

    Thank you.

    Apologize if this is a repeated post. For some reason, my previous post did not appear on the forum.
    FWIW:

    https://www.fedweek.com/retirement-f...rement-option/

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  5. #3

    Default Re: FERS MRA+10 Age Reduction

    Thanks for the link. I was hoping to find some confirmation on whether the reduced annuity will be the number of years under age 60. Maybe the rule has change.

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  7. #4

    Default Re: FERS MRA+10 Age Reduction

    Quote Originally Posted by dtech77 View Post
    Thanks for the link. I was hoping to find some confirmation on whether the reduced annuity will be the number of years under age 60. Maybe the rule has change.
    I would suggest contacting your payroll and/or HR dept. for your specific numbers. Good luck!

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