Ask The Experts: Retirement

By Reg Jones

VERA and maximum annuity

Bookmark and Share

Q. I am 60 years old and will have 40 years of uninterrupted CSRS service in August. In July 2015, I will attain the number of years for a maximum percentage annuity. My agency is considering Voluntary Early Retirement Authority and/or Voluntary Separation Incentive Pay for a number of positions. Is there any basis for offering an employee in my situation credit for the remaining years to attain the maximum percentage annuity early with a voluntary retirement/separation?

A. There is no provision in law that would permit that under any circumstance.

Leave a Reply

PLEASE NOTE! Do not submit ANY questions via the Comments form. Instead, please send your questions directly to fedexperts@federaltimes.com. Questions submitted via the Comments form will NOT be answered!