Health Care Reform: Safe Harbor for Determining Full-Time Employee Status. New guidance has been issued on two requirements under the Patient Protection and Affordable Care Act (the Act) that will become effective in 2014.
Early retirement benefits will continue to be available at age 62, but they will be reduced more. When the full-benefit age reaches 67, benefits taken at age 62 will be reduced to 70 percent of the full benefit and benefits first taken at age 65 will be reduced to 86.7 percent of the full benefit.
It is based on the previous years of Active Federal Service and your current age. You must be able to retire by 62 years old. As of right now for a person who is Non-prior Service (never enlisted in any branch of service) the Army's cut off age is 42. However the age is set at 42 years old but the individual must leave for Basic Combat Training prior to the 42 Birthday.