What are the age and service combinations to retire early under CSRS?
An agency may offer an “early out” option to employees during a downsizing, such as a reduction in force or reorganization, or for workforce restructuring purposes, such as to improve skills mixes. To be eligible an employee must meet certain minimum age and service requirements: at least age 50 with 20 or more years of creditable service or at any age with at least 25 years of creditable service.

In addition, you must have been covered by CSRS for at least one year within the two-year period immediately preceding separation. This one year does not have to be continuous. There are certain other restrictions that apply in limited situations; see Chapter 3, Section 5 of the Federal Employees Almanac.
CSRS retirees who retire under age 55 will have their annuities reduced by one-sixth of 1 percent for each full month they are under age 55 (2 percent per year) at retirement. The reduction is permanent.

Otherwise, benefits are calculated under the same formula as for standard voluntary retirement.

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