Freedom to take early retirement with federal employee retirement

In federal employee retirement age minimum, eligibility is determined by your age and number of years of creditable service. Such as if you were born before 1948 then your MRA  is 55 and if you were born in  1949 then 55 years and 4 months. In 1950, 55 years and 6 months. An immediate retirement benefit starts within 30 days from the date you stop working. You can check all eligibilities on the net, make sure to meet one of the following sets of age and service requirements then go for immediate retirement benefit.

The insurer gurus suggest that if you retire at the MRA with at least 10, but less than 30 years of service then your benefit will be reduced by 5 percent a year for each year you are under 62, unless you have 20 years of service and your benefit starts when you reach age 60 or later.  Federal employee retirement age minimum offers you freedom to take early retirement benefit in certain involuntary separation cases and voluntary separations. A force in its reorganization phase can offer such facility to all its employees.