Special retirement supplement

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Q. I am retiring at age 55. I will have 26 years of 6(c)-covered service and an additional two years of military for a total of 28 years. What is the maximum amount of special retirement supplement I can get as a military veteran?

A. The maximum special retirement supplement you can get is one based solely on your actual FERS service. Active-duty service for which you’ve made a deposit cannot be included. FYI: You can earn as much as you want from wages or self-employment without affecting the SRS until you reach your MRA, which is 56. After that, you’ll be subject to the Social Security earnings limit.

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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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