Budget deal and FERS retirement


Q. How will the signed 2014 budget deal affect FERS retirements? I will have 30 years of government service in January 2015 with my minimum retirement age. As recommended, I have had my retirement plans in place for the past 10 years. Rumors are flying that we will no longer be eligible for the special retirement supplement, which has been calculated into my retirement estimates. Being this close to retirement age, there is not enough time to make up these lost monies if they are stopped.

A. Ignore the rumors. No changes to the retirement benefits of current federal employees were contained in the 2014 budget deal.


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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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