Understanding FERS MRA in Our Pension Calculator

understanding fers mraIf you are nearing retirement you probably have a host of questions. One common query we hear at Retirement Benefits Institute is, “What will my pension be in retirement?” While we can’t predict the future we do have a useful tool that may help you address this question. Retirement Benefits Institute uses your FERS MRA in our pension calculator to help federal employees achieve clarity on their retirement.

FERS Minimum Retirement Age

One of the fields our pension calculator asks for is the year you were born. This is key to calculating your pension because we first need to determine your FERS minimum retirement age (MRA). Your minimum retirement age is simply the earliest you can retire with full benefits assuming you meet years of service requirements. A FERS MRA is determined by the year in which an employee was born. See the chart below to determine your MRA:

Birth Year MRA
1947 and earlier 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 57 years

To retire with full benefits, you must meet one of the three requirements for age and years of service listed below:

  • MRA with at least 30 years of service
  • Age 60 with at least 20 years of service
  • Age 62 with at least 5 years of service

Special Provisions Employees

Special provisions employees such as law enforcement officers, firefighters, air traffic controllers, and customs and border protection officers have different age and length of service requirements. Click here for more information on special provisions.

First Step Toward Planning

The first step toward planning for a successful federal retirement is understanding when you can retire. Your FERS MRA is so important because it answers the first half of this question. Knowing your MRA will allow you to begin calculating your FERS annuity and preparing you for retirement.