Q. How does the Office of Personnel Management calculate the special retirement supplement? I turn 56 this year and plan on retiring with 33 years government service; 9 of which are for military time that I bought back. Based on comments that means that my SRS will be based on 24 years of civilian federal employment.
A. Those comments are correct; your special retirement supplement will be based solely on you actual service as a FERS employee. You’ll find the methodology for calculating the amount at www.opm.gov/retirement-services/publications-forms/csrsfers-handbook/c051.pdf.
1 Comment
I had 21 years USPS time and went out with 33 years…..my SRS is $685….My HR advised it would be $1080. . They were wrong and should be taught to give the correct information.