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  2. To be eligible for retirement benefits under the Federal Employees Retirement System (FERS) after 5 years of service, you need to meet the following criteria12345:
    • Be at least age 62 with at least 5 years of service.
    • Be at least age 60 with at least 20 years of service.
    • Be at least your minimum retirement age with at least 30 years of service.
    • If you have at least 5 years of service but fewer than 10, you can retire at age 62.
    • If you have at least 10 years, you could retire at your minimum retirement age (MRA).
    • Veterans have an additional option available to them when it comes to eligibility4.
    Learn more:
    You’ll need to be at least age 62 with at least five years of service, at least age 60 with at least 20 years of service, or at least your minimum retirement age with at least 30 years of service.
    www.myfederalretirement.com/fers-mra-10/
    you can ask that your retirement contributions be returned to you in a lump sum payment, or if you have at least five years of creditable service, you can wait until you are at retirement age to apply for monthly retirement benefit payments. This is called a deferred retirement.
    www.opm.gov/retirement-center/fers-information/fo…
    If you have at least five years of service but fewer than 10 when you leave government, you can retire at age 62. If you have at least 10 years, you could retire at your MRA (minimum retirement age, which ranges between 55 and 57 depending on your year of birth—currently 56).
    www.fedweek.com/retirement-financial-planning/th…
    Part of FERS is that you can be eligible for monthly benefits after just 5 years of federal service, if you meet the age requirements for retirement. And Veterans have an additional option available to them when it comes to eligibility.
    vacareers.va.gov/job-news-advice/get-retirement-r…
    If you leave Federal service before you meet the age and service requirements for an immediate retirement benefit, you may be eligible for deferred retirement benefits. To be eligible, you must have completed at least 5 years of creditable civilian service.
    www.opm.gov/retirement-center/fers-information/eli…
     
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