Q: I’m about to receive my pension from the Navy because I’m about to turn 60. I’m also a FERS retiree. Would I be able to receive both annuities? What would happen to my FERS annuity supplement?
A: You’ll be able to receive both annuities. Further, your special retirement supplement won’t be affected because it would only be reduced if your earnings from wages or self employment exceeded the annual limit. An annuity, regardless of who pays it, is not considered to be earnings.
