Q. I plan on retiring at age 60 with 26 years of service. There should be no penalty in pension. If I receive the special retirement supplement for two years, what happens then? Will I still receive my regular pension and Social Security check? Does the SRS I would receive for two years reduce the amount to Social Security benefits when I reach 62?
A. At age 62, when you become eligible for a Social Security benefit, the special retirement supplement will end. Receiving the SRS does not affect the Social Security benefit you’ll receive when you apply for it.