FERS employee and SRS

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Q. Is it true that any FERS employee who leaves government and postpones the annuity to avoid the age reduction would not get the special retirement supplement? I ask because I have reached my minimum retirement age of 56, with 26 years of service. What would happen if I left the government for another job and postponed my annuity until age 60?

A. You’d be retiring under the MRA+10 provision, even if you didn’t apply for that benefit until you reached age 60. As a result, you wouldn’t be eligible for the special retirement supplement.

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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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