Special retirement supplement limit

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Q. I retired from FERS in 2007, with 22 years of service as a special agent. I receive the supplement now and have received it since 2007. I am 56. I have heard several stories about when the supplement ends, and I am trying to get the straight scoop. At what age will it end for me?

A. Assuming you don’t exceed the annual Social Security earnings limit now that you’ve reached you minimum retirement age, the special retirement supplement ends on the last day of the month in which you turn 62. If you do, the SRS will be reduced or suspended. Note: the earnings limit in 2012 is $14,640.

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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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