Thank you for sharing!

Your article was successfully shared with the contacts you provided.
More federal employees are applying for the phased-retirement program this year. Here's what it does. (Photo: Getty)

Although the program was approved some five years ago by Congress, it’s only fairly recently that federal employees are opting into a phased retirement program that allows them to work part time while continuing to accrue half credit toward their retirement annuity and being paid half their salary.


Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.