Ask The Experts: Retirement

By Reg Jones

MRA+30 or MRA+10?

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Q. I plan to work until my minimum retirement age, which is in eight years. I work part time (80 percent of the time) and will have worked for the government for 35 years (1986-2021). But my total service computation years will only be 27 when I reach my MRA. Will I be eligible for the MRA plus 30 because I worked for 35 years or only the MRA plus 10 (with the significant penalty) because I worked 27 years based on the service computation?

A. I think you are suffering from a misunderstanding. You will receive full-time credit for your years of service, even if you worked part time. It’s only your annuity that will be affected. That’s because it will be adjusted to account for any less-than-full-time periods of employment.

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