FERS Retirement Eligibility.
(Updated 28 December 2018)
When can I retire from the Federal Service (OPM) under FERS (Federal Employee Retirement System)?
I get asked this question a lot.
I mean who doesn’t want to know when they can retire with an annuity (the federal government name for a pension)?
A lot of people also come here looking for this information in regard to the retirement of a federal employee who is in the middle of a divorce.
If you are the potential retiree, you, of course, want to know when you might be able to retire and when you might have to start paying your soon-to-be former spouse his or her share of your pension.
If you are the former spouse of a federal employee, you need to know:
- When your divorcing spouse is eligible to retire
- When s/he can start collecting payments
- What particular system the employed spouse was working under.
This article will try to stay on the simplified side of what can easily grow into a very complex subject.
The basics of FES eligibility is simple, but there are dozens of exceptions and extra rule which can make things hard to understand.
There are four categories of benefits in the Federal Employees Retirement System (FERS) Basic Benefit Plan:
In this article, I’ll cover the basics of Immediate retirement.