Special retirement supplement

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Q. I am 63 years old and have FERS retirement. I would like to retire now but really need to hold out for two more years to get the maximum Social Security that I can draw. If I voluntarily retire right now at 63, am I able to draw the FERS supplement until age 65?

A. No. The special retirement supplement automatically ends at age 62, when you are first eligible for a Social Security benefit.

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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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