Q. I am a Border Patrol FERS employee (11 years) and Army National Guardsman (19 years) with prior active-duty military service. I have already purchased my active-duty time before federal employment (2½ years), as well as time from two deployments since my federal service (an additional two years).
I am now approaching my military reserve retirement (20 reserve years) and have confirmed that I will begin receiving my reserve pension at age 60. I have also confirmed that I can receive this retirement along with my FERS retirement. I plan to retire from Border Patrol at age 55. Will I be able to draw benefits from all three sources (FERS, NG and Social Security)? If so, how will my FERS or Social Security benefits be affected (if at all)? Thanks for any help you can provide.
A. You will be able to draw all three with no reduction in any. As a FERS employee, when you reach your minimum retirement age — which ranges between 55 and 57 depending on your year of birth — you also will receive the special retirement supplement, which approximates the amount of Social Security benefit you earned while a FERS employee. The SRS will end when you are eligible for a regular Social Security benefit.