Discontinued service retirement

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Thanks for all you do in answering these questions for us. Can you explain how a Title 32 technician that loses their federal job because they are separating from the military required position due to turning age 60, affects the FERS annuity supplement requirements. Is losing the military position due to turning 60 considered a voluntary or discontinued service FERS retirement?

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Asked on February 4, 2019 7:39 pm
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To retire voluntarily, you must be age 60 with 20 or more years of service and discontinued service retirement says you must be 50 with 20 or more years of service or any age with 25 years of service, so in either case you need to have the 20 years of service to collect a retirement which also pays the supplement. If you do not have the 20 years of creditable service, your option would be MRA+10, meaning you have reached your MRA and have at least 10 or more years of service. IF you take this retirement, it is age penalized 5% for every year you are under age 62 or you can postpone it until age 62 to avoid the age penalty. This retirement option does not include the supplement. How many years of service will you have at age 60?

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Answered on February 4, 2019 8:01 pm
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I think I asked the question poorly; I’ll try again. When a title 32 military technician turns age 60 and has to retire from the military because of age and looses their title 32 job, is this considered a discontinuance of service retirement under FERS?

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Answered on February 6, 2019 2:24 pm
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The answer to your question can be YES, however, being eligible to collect an annuity depends on how many years of creditable service the individual has when they lose their job and their age. There are numerous retirement options available to all federal employees and unique ones for Military Reserve Technicians. For anyone who loses their federal position for reasons other than misconduct or cause, they can retire if age 50 with 20 or more years of service or at any age with 25 or more years of service. Under this option, they may retire, at say age 50, however, the FERS Retiree Supplement does not kick in until their Minimum Retirement Age (MRA), which is between 56-57, depending on their year of birth. The unique retirement option for Military Reserve Technicians says if involuntary separated from technician service due to disability or any other reason by employing agency, MRTs are entitled to an immediate annuity after attaining age 50 and completing 25 years “federal” of service if first hired before February 10, 1996, OR If first hired on or after February 10, 1996, can retire at age 50 and completing 20 years of “military technician” service or at any age and completing 25 years of “military technician” service. With this unique retirement option, the FERS Retiree Supplement is paid immediately, they do not have to wait until their MRA. If a Military Reserve Technician does not meet the age and service requirements for either regular or MRT retirement options previously discussed and they have at least 10 or more years of creditable service but less than 20 and are age 60, they can retire under the MRA+10 option, which will be reduced by the age penalty and no supplement is paid on the MRA+10 retirement. Sorry for being so long winded but I am trying to cover all options without knowing all the details of your particular situation.

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Answered on February 6, 2019 4:21 pm