A deferred retirement allows former federal employees to receive a pension later in life, even if they left government service before reaching full retirement age. But what is a deferred retirement exactly? Under the Federal Employees Retirement System (FERS), you can apply for deferred benefits if you have at least five years of creditable service. This option is ideal for those who ... https://www.federalpensionadvisors.com/post/fers-deferred-retirement