Q. I retired under the FERS disability provisions 16 years ago. I want to find out what portion of my monthly retirement benefit represents the special retirement supplement portion. At the time of my retirement, I had 16 years of creditable service. I am receiving about $1,900 per month, and I believe my calculation at age 62 would be times 1.1 percent. I will not be eligible for Social Security until age 62 and one month. Will I lose the supplement for one month?
A. FERS disability retirees aren’t eligible to receive the special retirement supplement. Further, when you reach age 62, your disability annuity will be converted to a regular annuity and computed using the standard FERS formula: .01 x your high-3 on the day you went on disability retirement x your total years of service (actual and time spent on disability). The product will then be increased by any cost-of-living adjustments applied to FERS annuities since you retired.