20 years FERS law enforcement but only 48 years old

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If I have 20 years law enforcement FERS service but I am 48, can I separate from service/retire and start collecting pension in 2 years when I am 50?

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Posted by (Questions: 1, Answers: 0)
Asked on March 19, 2019 4:28 pm
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NO! That is a mistake people make. You must be age 50 with the 20 LEO years to be eligible to collect the pension and have it calculated using the enhanced computation formula. If you were to do what you asked, you would be resigning your federal job and would not be eligible to collect until you reached your MRA which is between 56-57. Then when you can collect, let’s say at age 57, they do not use the enhanced computation so you would only collect 20% of your high-3 versus 34%, there would be no supplement, not FEHB and no FEGLI. Now, do you have to stay in a LEO those last two years, no. As long as you are certain you have the required 20 LEO years, you can transfer to any position for which you are qualified and can still retire at age 50 with the enhanced computation and benefits.

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Posted by (Questions: 0, Answers: 453)
Answered on March 19, 2019 5:39 pm