What happens if I take a buyout before 5th year in FEHB?


My 5th year should be completed 1/7/18 once the new FEHB year begins. At that point, I should meet the requirements that ensure the FEDS will continue to pay 75% of my FEHB in retirement. But what if I take a buyout, or am RIFed? I have been with the gov 26 years.

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Asked on August 8, 2017 10:03 pm
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If you are offered a buyout, NORMALLY, the buyout authority goes hand in hand with an early out authority and they can issue an across the board waiver of the five-year rule. If not, you can request a waiver of the five-year rule approximately 3 months prior to your retirement. There is no guarantee it will be approved. Here are the guidelines for requesting a waiver. https://www.opm.gov/healthcare-insurance/healthcare/reference-materials/reference/annuitants-and-compensationers/

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Answered on August 9, 2017 3:42 pm