this post was submitted on 28 Jan 2025
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[–] someguy3 7 points 1 day ago* (last edited 1 day ago) (1 children)

If you leave your Government job before becoming eligible for retirement:

you can ask that your retirement contributions be returned to you in a lump sum payment, or

if you have at least five years of creditable service, you can wait until you are at retirement age to apply for monthly retirement benefit payments. This is called a deferred retirement. View the deferred retirement web page.

Yeah that's how it should work. You don't "lose" your pension at all, it's either transferred to you or you get it when you reach retirement age. You just don't continue to accrue any more, which is not "losing" your pension.

The closest you can come to saying you "lose" your pension and it's a stretch to use the word "lose" is if you work for less than 5 years, it looks like you only get your contribution back. 5 years is a bit too long for, effectively, vesting imo but sorry to say you really have to pick a better word.

[–] ZetaLightning94 0 points 22 hours ago (1 children)

But for those who are at retirement age, the only way to get it again is to be hired again, which wont happen for atleast 4 years

[–] someguy3 1 points 21 hours ago

No that's not what it says. It says you have to be at retirement age to get the pension.

EG. If I work for the govt from age 20 to 40, then leave from 40-60 to work in private industry, I have to wait until age 57 or 62 (see complicated chart) until I get the govt pension that I accrued from age 20 to 40.