Q. When is the special retirement supplement payable to a retiree and when is it not?
A. If you retire at age 60 with 20 years of service or at your minimum retirement age (MRA) with 30, the special retirement supplement (SRS) is payable immediately. If you retire under an early retirement authority, it’s payable at your MRA.
Three things to keep in mind: The SRS is never payable if you retire under the MRA+10 provision or leave government and apply for a deferred annuity. The SRS won’t be added to an interim annuity, only a final annuity; however, the payment will be retroactive. If you are receiving an income from wages or self-employment that exceeds the annual Social Security earnings limit, your SRS will be reduced or terminated.