### Question
How is the "phased retirement annuity" defined?


### Answer
The term **phased retirement annuity** is defined in *5 U.S.C. § 8412a* as follows -

> the annuity payable under this section before full retirement

#### Citation:
  - *5 U.S.C. § 8412a*
  - Heading: **PART III-EMPLOYEES > Subpart G-Insurance and Annuities > CHAPTER 84-FEDERAL EMPLOYEES&apos; RETIREMENT SYSTEM > SUBCHAPTER II-BASIC ANNUITY**

