Special retirement supplement

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Q. I took the Postal Service Voluntary Early Retirement Authority offered in 2011, and retired at age 53. I began receiving annuity payments immediately upon retirement. I reached my minimum retirement age of 56 this month. I understand I will begin receiving the special retirement supplement beginning next month. My annuity is set up for direct deposit into my checking account. Do the supplement payments also come from the Office of Personnel Management, or do I need to do something to set those payments up to be direct deposit?

A. The supplement will be added to your regular annuity and made in the same payment. So, there’s no need to do anything.

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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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