Q. If retiring under FERS under the age of 62, is one obligated to take the Special Retirement Supplement if you anticipate having another nongovernment job that will earn a relatively high salary?
A. The Special Retirement Supplement is automatically added on to an earned annuity. I’m not aware of any way you could decline to receive it, not that I can think of any reason why you’d want to do so. All that happens if you exceed the Social Security earnings limit is that your SRS is reduced by $1 for every $2 you earn above the limit.