FERS, postponed annuity and special retirement supplement

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Q. I’m a FERS employee considering retiring under the MRA+10 provision. I’m 59 with 20 years of service. If I postpone the start of my annuity until I reach 60, I know there won’t be any reduction in my annuity. Will I also be eligible for the special retirement supplement if I postpone my annuity?

A. Yes.

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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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