South_agency / Getty Images The Federal Employees Retirement System (FERS) is a retirement plan that covers all employees in the executive, judicial, and legislative branches of the federal ...

The FERS basic retirement benefit often includes a “supplement” to take the place of a Social Security retirement benefit when an employee retires with an unreduced, immediate benefit ...

Federal Employees Retirement System (FERS)/ Federal Employees Retirement System-Revised Annuity Employees (FERS-RAE): Federal employees are generally enrolled in either FERS or FERS-RAE. FERS is a ...

What are the pros and cons of doing so?" Yes, you can retire and receive the FERS special retirement supplement until age 62. There is only one "pro" and no "con" to doing that. By law you are ...