BenefitsLink > Q&A Columns >
Answers are provided by Robert S. Kaufman
Can a Rail Worker Retire in the Middle of a Month?
(Posted August 14, 2013)
Question 1045: Can I retire at 60 with 40 years, when I turn 60 on November 4 and get a partial payment for November ? Or do I have to work until the end of November?
Answer: You can retire as early as November 2 and begin receiving an annuity on November 3. Your payment for November will be made on December 1 and would be 28/30 of your full annuity rate.
Answers are provided as general guidance on the subjects covered in the question and are not provided as legal advice
to the questioner or to readers. Any legal issues should be reviewed by your legal counsel to apply the
law to the particular facts of this and similar situations.
The law in this area changes frequently. Answers are believed to be correct as of the posting dates shown. The completeness
or accuracy of a particular answer may be affected by changes in the law (statutes, regulations, rulings, court decisions, etc.)
that occur after the date on which a particular Q&A is posted.
Copyright 1997-2017 Robert S. Kaufman