I am physician in VA. I have 14 years of federal service. I am 74 years old. Can I retire now and

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and receive an ongoing monthly retirement pay?

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Asked on September 3, 2019 5:11 pm
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Yes, anyone who is age 62 or older and has 5 or more years of service can retire on an immediate unreduced annuity. You will need to contact your HRO to file the necessary paperwork. With 14 years of service, your unreduced FERS retirement will equal 14% x high-3 average salary.

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Answered on September 3, 2019 8:49 pm