FERS Immediate Retirement: Complete Guide and Eligibility Requirements

Last updated: February 4, 2025

Understanding FERS Immediate Retirement

FERS Immediate Retirement is a benefit available to federal employees who meet specific age and service requirements. This comprehensive guide explains eligibility, benefits calculation, and important considerations.

Eligibility Requirements

Minimum Retirement Age (MRA) with 30 years of service
Age 60 with 20 years of service
Age 62 with 5 years of service

Benefit Calculation

Your FERS immediate retirement benefit is calculated using:

High-3 average salary
Years and months of service
Pension multiplier (1% or 1.1%)

Additional Considerations

FEHB and FEGLI continuation
Survivor benefit options
Social Security coordination
TSP withdrawal options

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