VERA and special retirement supplement

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Q. I received a Voluntary Early Retirement Authority letter from the Postal Service. I’m in FERS and have been seeing stuff about a supplement I may be eligible for. The deadline is soon. I started as a rural carrier associate in 1988 and was transferred to a clerk in May 1993 after an on-the-job injury. I have permanent light duty and receive no injury benefits, I’m listed as a general clerk. I purchased back retirement time and was told it was for six months. Now it has been recalculated to three weeks, changing my start date to April 1993. I will be 57 years old in June. How do I find out if I’m eligible for a supplement?

A. As a FERS employee, when you retire, you’ll be eligible for the special retirement supplement when you reach your minimum retirement age. In your case, that age is 56. The SRS will be added to your regular annuity and continue to age 62 when you become 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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