583 Annuities

583.1 General Requirements

 

Reference Note: For additional material concerning the subject matter found in 583.1, refer to: CSRS and FERS Handbook for Personnel and Payroll Offices, Chapter 41.

583.11 Conduct

An annuity may not be paid to any employee who has ever been convicted of an offense involving the national security of the United States.

583.12 Time

To be eligible for an annuity an employee must have at least 5 years of creditable civilian service.

583.13 Age and Service

Employees separated for any reason, except as stated in 583.11, are eligible for optional retirement and an immediate unreduced annuity if they meet one of the following combinations of age and service:

1. Age 62 with 5 years of creditable civilian service.
2. Age 60 with 20 years of creditable service including 5 years of creditable civilian service.
3. The minimum retirement age (MRA) with 30 years of creditable service including 5 years of creditable civilian service.

583.14 Minimum Retirement Age

The minimum retirement age (MRA) is determined by an individual’s year of birth, as follows:

 

Year of Birth	MRA
Before 1948	55 Years
1948	55 Years and 2 Months
1949	55 Years and 4 Months
1950	55 Years and 6 Months
1951	55 Years and 8 Months
1952	55 Years and 10 Months
1953–1964	56 Years
1965	56 Years and 2 Months
1966	56 Years and 4 Months
1967	56 Years and 6 Months
1968	56 Years and 8 Months
1969	56 Years and 10 Months
1970 and After	57 Years

583.15 Immediate Reduced Annuity

In addition to the immediate unreduced annuities listed in 583.13, an individual may choose an immediate reduced annuity under the following conditions:

1. The individual meets the minimum retirement age;
2. The individual has at least 10 years of creditable service including 5 years of creditable civilian service; and
3. The annuity is reduced by 5 percent per year for every year the individual is under age 62. This is prorated on the basis of 5/12 of 1 percent for every full month.

583.2 Requirements and Procedures by Types of Separations

583.21 Involuntary Separation

 

Reference Note: For additional material concerning the subject matter found in 583.21, refer to: CSRS and FERS Handbook for Personnel and Payroll Offices, Chapter 44.

An employee who is involuntarily separated from the service is entitled to an immediate annuity if the employee meets the following requirements:

1. Has completed 25 years of creditable service, including 5 years of creditable civilian service, regardless of age, or
2. Has completed 20 years of creditable service including 5 years of creditable civilian service and is 50 years of age or over.
3. The separation is not for cause on charges of misconduct or delinquency.
4. The employee has not declined a reasonable offer of another position.

583.22 Mandatory Retirement

Postal Inspectors are the only postal employees subject to mandatory retirement because of age. They are subject to mandatory retirement on the last day of the month in which they become 57 years of age or complete 20 years of law enforcement service if then over that age.

583.23 Disability Retirement Requirements

 

Reference Note: For additional material concerning the subject matter found in 583.23, refer to: CSRS and FERS Handbook for Personnel and Payroll Offices, Chapter 60.

583.231 Service

The employee must have completed at least 18 months of creditable civilian service.

583.232 Disability

The employee must, while employed under FERS, have become disabled because of a medical condition resulting in a deficiency in performance, conduct, or attendance; or if there is no deficiency, the disabling medical condition must be incompatible with either useful and efficient service or retention in the position.

583.233 Duration

The disabling medical condition must be expected to continue for at least 1 year from the date the individual became disabled.

583.3 Deferred Annuity

 

Reference Note: For additional material concerning the subject matter found in 583.3, refer to: CSRS and FERS Handbook for Personnel and Payroll Offices, Chapter 45.

583.31 Eligibility

An employee is eligible for a deferred annuity if the employee separates prior to qualifying for an immediate annuity and has at least 5 years creditable civilian service.

583.32 Commencement Date

If the employee has at least 5 years creditable the deferred annuity may begin the first day of the month following the month in which the individual attains age 62. If the employee has at least 10 years creditable service, including 5 years creditable civilian service, the annuity may begin as early as the first day of the month following the month in which the individual attains the minimum retirement age (see 583.14). These annuities may be subject to a reduction based on age (see 583.15).

583.33 Restriction

The individual must not withdraw his or her retirement contributions from the retirement fund in order to be eligible for a deferred annuity.