Your MRA, or Minimum Retirement Age, is based on the year in which you were born. A FERS retiree who was born before 1948 would have a MRA of 55. However, if born in 1970 or later, the MRA would be 57.
Here is a chart that demonstrates how this works:
Minimum Retirement Age + 10
Year of Birth | MRA |
Before 1948 | 55 |
1948 | 55 and 2 months |
1949 | 55 and 4 months |
1950 | 55 and 6 months |
1951 | 55 and 8 months |
1952 | 55 and 10 months |
1953-1964 | 56 |
1965 | 56 and 2 months |
1966 | 56 and 4 months |
1967 | 56 and 6 months |
1968 | 56 and 8 months |
1969 | 56 and 10 months |
1970 and later | 57 |
The 5% penalty applies to FERS retirees who leave under the MRA + 10 provision. FERS employees who are under age 62 and retire under other provisions face no reduction at all.
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