Eligibility for Retirement
Civil Service Retirement System (CSRS)
General Eligibility Requirements
Under CSRS, you must have at least 5 years of creditable civilian service to be eligible for an annuity. Additionally, you must be subject to CSRS for 1 out of the 2 years of service before separation on which your retirement is based (this requirement does not apply in disability retirement cases).
Immediate Retirement |
|
AGE |
YEARS OF SERVICE |
55 |
30 |
60 |
20 |
62 |
5 |
If you retire on the 1st, 2nd or 3rd of the month, your annuity will commence the next day. If your retirement date is on the 4th day of the month or later, your annuity will commence on the 1st day of the month following the month in which you retired.
Early Retirement
|
|
Voluntary Early Retirement Authority (VERA) |
|
AGE
|
YEARS OF SERVICE
|
50
|
20
|
Any Age
|
25
|
Discontinued Service - Involuntary |
|
AGE |
YEARS OF SERVICE |
50 |
20 |
Any Age
|
25
|
Annuity commences the first day following the date of the involuntary separation. Your annuity is reduced by 2% for each year you are under age 55.
Deferred Retirement
|
|
AGE
|
YEARS OF SERVICE
|
62
|
5
|
You must not have taken a refund of retirement deductions for the last period of service. In a deferred retirement, you will have no credit for unused sick leave, or have your life and health insurance reinstated. You, as the former employee, should not apply more than 3 months before eligibility. Annuity will commence on your 62nd birthday.
Disability Retirement
|
|
AGE
|
YEARS OF SERVICE
|
Any Age
|
5
|
Annuity commences the last day of pay or the day following your date of separation. A deposit may be required to make redeposit service creditable.