MRA or Minimum Retirement Age is an age between 55 and 57 when many federal employees become eligible for a FERS basic retirement benefit if they have 10 or more years of service.

*The earliest a FERS employee may retire with "immediate" optional retirement benefits is when they reach the Minimum Retirement Age (MRA). Use the chart below to figure your MRA.

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Candidates must also meet minimum age of retirement, or MRA. Under FERS, Utt said the MRA is based upon the year in which the employee was born — a chart is available on the ABC-C website.

The chart shown earlier is an important one -- for now. If reforms are made to preserve Social Security benefits, though, it could be rendered meaningless. The Motley Fool has a disclosure policy.

Retirement planning can be daunting. But as you'll see, a few simple moves could buy you years of financial freedom.

Post-Retirement Health Insurance Federal employees are granted health insurance that continues after retirement through the Federal Employee Health Benefits (FEHB) program.

To some, early retirement is a holy grail -- check out this grid that breaks down how long you'll have to wait to quit working!