Deferred Retirementĭeferred Retirement – Former Federal employees who were covered by the FERS may be eligible for a deferred annuity at age 62 or the Minimum Retirement Age. Disability Retirement also has a different annuity computation than Voluntary Retirement. Disability Retirementĭisability Retirement –Disability Retirement has specific medical requirements and service requirements. Early Retirement provisions often have other special requirements. Early RetirementĮarly Retirement – Although this type of retirement is similar to Voluntary Retirement,, there are different age and service requirements, and the annuity may begin at an earlier age than a Voluntary Retirement. Eligibility is primarily based upon age and the number of years of creditable service at retirement. Voluntary Retirement – The most common type of retirement. There are multiple types of retirements, and they are listed below: Voluntary Retirement By submitting your paperwork early, your personnel and payroll offices can complete their actions as soon as possible after your retirement date. Additionally, it may be helpful to ensure your Official Personnel Folder is complete and reflects your entire service history. However, your personnel office may want you to submit your application even earlier than thirty days before separation. You can help reduce delays in processing by submitting your retirement application at least thirty days in advance of your separation date. There are actions your personnel and payroll offices must take in order to process your retirement application. The Office of Personnel Management (OPM) works with your Agency's personnel and payroll offices to process your retirement application.
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