Q. Just saw [American Federation of Government Employees] announce it passes for retirees after 12/31/15. My husband retires 9/30/2015, so we will have a penalty if we withdraw after this December 2015? It should be for all [law enforcement officers] retired already under 55.
A. As I understand the new law, it will only exempt LEO’s who retire at or after age 50 AND after December 21, 2015.