How FERS Deferred Retirement Works FERS deferred retirement is a powerful option for federal employees who want to preserve their pension benefits even after leaving their job early. If you’ve completed at least five years of service, you can apply for deferred retirement at a later date. This means you don’t need to work until full retirement age to collect pension benefits. Deferre... https://www.federalpensionadvisors.com/post/fers-deferred-retirement