5 CFR 842.404 - Reductions in basic annuity.
The annuity of an employee or Member retiring under § 842.204(a)(1) or § 842.212(b) is reduced by five-twelfths of 1 percent for each full month by which the commencing date of annuity precedes the 62nd birthday of the employee or Member, unless the individual -
(a) Has completed 30 years of service; or
(1) Has completed 20 years of service; and
(c) Has completed 20 years of service as -
(1) An air traffic controller, except one separated by removal for cause on charges of misconduct or delinquency;
(2) A firefighter and/or law enforcement officer, except one separated by removal for cause on charges of misconduct of delinquency; or
(3) A Member, except one separated by resignation or expulsion.