Q. You’ve said that the special retirement supplement will be reduced or suspended if you have earnings from wages or self-employment that exceed the annual Social Security limit. I have heard that before, but I can’t find it anywhere in writing. Where can I find the rule that spells out the reduction?
A. You’ll find what you’re looking for at www.opm.gov/retirement-services/publications-forms/csrsfers-handbook/c051.pdf. Just scroll to Section 51A3.1-1.
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HELP – How do I get SRS reinstated? I earned it for about a year and lost it because of excessive post-retirement earnings. And the annual OPM earning survey ceased. I’ve since gone part-time and earned well under $15K limit for 2016. Letters, emails and phone messages to OPM have all gone unanswered. Any suggestions? Thanks
Go to https://www.opm.gov/retirement-services/publications-forms/csrsfers-handbook/c051.pdf and scroll to Section 51A3.1-1 D & E. When you file your 2016 file your federal tax return, provide a copy to OPM, which can restore your SRS.
I retired at age 60 and have a monthly income from the sale of my business, also monthly income from rental property. Will this monthly income affect the amount I will get from Social Security?
No. The Social Security Administration only counts earnings from wages or self-employment.