Annuity supplement

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Q. How would OPM know if an annuitant made extra money during the year as to cancel or reduce his supplement amount as it applies to the earning limitation.

“A FERS Annuity Supplement is payable to an employee who has completed at least one calendar year of FERS service when he reaches minimum retirement age MRA is age 55 to 57, depending on date of birth. The annuity supplement is payable until eligibility for Social Security begins at age 62, subject to an earnings limitation.”

A. Every year OPM will require you to fill out an Annuity Supplement Earnings report (RI 92-022). The earnings you report will be verified through a computer match with the Social Security Administration’s earnings file.

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Reg Jones was head of retirement and insurance policy at the Office of Personnel Management. Email your retirement-related questions to fedexperts@federaltimes.com.

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