Ask The Experts: Retirement

By Reg Jones

VERA/VSIP, SRS and annuity reduction

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Q. I am a Defense Department FERS civilian with 22 years of government service, age 58. My organization is offering a Voluntary Early Retirement Authority/Voluntary Separation Incentive Pay.

1.  Will I be eligible for the special retirement supplement until age 62?

2.  Will my retirement pay be reduced for every year under the age of 62?

A. 1. Yes.

2. No.

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