Special retirement supplement

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Q. My understanding is that the special retirement supplement is not paid between when you stop working and when the Office of Personnel Management approves your retirement. I read this can be as long as six months. Once I am approved for retirement by OPM, I should start receiving the supplement. Is the supplement amount I receive calculated from the day I retired from the government? Will I get a large payment after OPM approves my retirement for the six months of more of payment due?

A. When your annuity is finalized, you’ll receive the rest of the annuity you were due while in interim pay status and the full amount of the special retirement supplement you would have received had your annuity been finalized immediately.

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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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