"...Federal employees who are eligible to retire could switch instead to a hybrid in which they would continue working half-time while also receiving a partial annuity, under rules to be published Wednesday.
Rules proposed by the Office of Personnel Management would carry out “phased retirement” authority enacted nearly a year ago but still not available. The rules provide for a 60-day comment period...
Under the rules, employees meeting standard retirement age and years of service combinations — and who in addition have worked full-time for the previous three years — could request phased retirement..."
