Early-out and special retirement supplement

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Q. I will have 30 years in January and will be 55 years old in March. I’m a FERS employee working for Hill Air Force Base, Utah. If an early-out is offered and I take it before my minimum retirement age of 56 years, will I still get the special retirement supplement paid to me monthly until I reach the 62 years of age, or will I lose that benefit?

A. Yes, you’ll be entitled to the special retirement supplement when you reach your MRA.

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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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