50 U.S.C. § 2055 — Mandatory retirement
Verified against govinfo.gov as of June 20, 2026View official text on govinfo.gov ↗
- (a)Involuntary retirement
- (b)Mandatory retirement for age
- (1)In generalA participant in the system shall be automatically retired from the Agency—
- (2)Effective date of retirementRetirement under paragraph (1) shall be effective on the last day of the month in which the participant reaches the age applicable to that participant under that paragraph.
- (3)Authority for extensionIn any case in which the Director determines it to be in the public interest, the Director may extend the mandatory retirement date for a participant under this subsection by a period of not to exceed 5 years.
- (c)Retirement benefitsA participant retired under this section shall receive retirement benefits in accordance with section 2031 of this title.