Q. I’m a FERS retiree who is receiving the special retirement supplement. I’ll turn 62 in November. When will my SRS end?
A. Your special retirement supplement will end on the earlier of 1.) the last day of the month in which you turn age 62 or 2.) the last day of the month before the first month on which you would be eligible for a Social Security benefit, whether you apply for it or not.
21 Comments
I don’t really understand that answer. The first part makes sense, but what does number 2 mean? It almost sounds like the same day.
It may sound like the same day but it isn’t.
Does the answer to the second part mean you can defer your social security benefit? Or do you have to take it because you took the supplement?
Yes, you can defer the receipt of your Social Security benefit.
i was resonally reciving supplicmento benifits i turn 62 in nov 24 can i applied gor my s.s.retirement on-line while living in mexico live in tijuana mexico
So how and when should you apply?
The special retirement supplement will be automatically added to your annuity when you are eligible to receive it.
When the supplement ends at 62 will I still get a Social Security payment or should I not take the supplement at retirement to make I get it at 62?
When the special retirement supplement ends at age 62, you’ll be entitled to a Social Security benefit.
i was resonally reciving supplicmento benifits i turn 62 in nov 24 can i applied gor my s.s.retirement on-line while living in mexico live in tijuana mexico
I resonally move to tijuana and my daughter move to kentucky and for gotten my debit card can issue a new one an sent to new address in Calif.
I’ve been working for the VA for 10 years. I will be 66 April 26th . I work in FMS Department maintenance mechanic. I’ve been having problems with my wrist that has been broken sense basic training. Having problems with my hips and lower back. My fiance is getting to the point she needs help getting around at home. I have been diagnosed with emphysema. So now that we are wearing a face mask is very hard for me to breathe in the work environment. Would I be eligible to medically retire?
FERS employees who are approved for disability retirement have that benefit converted to a regular FERS annuity at age 62. Because you are over age 62, it would make no sense for you to apply for that benefit. Fortunately, you have the right combination of age and service to apply for a regular retirement benefit. Your personnel office can provide you with the forms and guidance needed to do that.
I retired a year ago and am receiving my pension and the offset. If I work part time I understand that if I make over a certain amount than I lose 1 dollar for every 2 I make. What is that amount and does that come off the pension amount or the offset amount?
The Social Security earnings limit in 2021 is $18,960. If you exceed that amount your special retirement supplement will be reduced by $1 for every $2 you earn above the limit.
I’m currently working in a law enforcement position under the special retirement provisions 6c. I can retire @50 with 20 years of service or after 25 years at any age.
If serve 20 years in my current position, locking in the early retirement option and 34%, then leave for a non-law enforcement federal job at 46 years of age. Will I still be eligible for the social security supplement when I retire from the non-LE job @ 50 years of age?
You would receive an unreduced special retirement supplement until you reach your minimum retirement age. At that point your SRS would be subject to the Social Security earnings test and your SRS would be reduced by $1 for every $2 in income you receive from earnings or self employment. Note: Since you were born in 1970 or later, your MRA would be 57.
Retired from usps after 33 years of service at age 56 yrs old I receive annuties and social security supplement I recently got approved for social security disability can I receive both at same time social security supplement and social security disability if not where do return monies from social security supplement payments?
when you compute the supplement , is the Military buy back time included in creditable FERS service? I will have 40 yrs of service time when I retire including 5 yrs 7 months of military time I bought back.
No, it isn’t. The special retirement supplement is based solely on your actual FERS service. Active duty service for which you’ve made a deposit won’t be included.
I’m 57 yrs old with 7 years in with LEO FERS retirement. Is it my understanding that if you sustain an on job injury you must first burn all your sick & annual time before becoming eligible for OWCP? Also, how long can/does one stay on OWCP once they turn 62? How long does it take to get on OWCP? I’m not interested in using SSD but eligible for OPM retirement? Where does the 60% first year (3 top high) and 40% thereafter? After age 60 you can then make unlimited income without penalty, correct? We are all trying to make things clearer through all the muddy water. Our employer certainly doesn’t offer help or education.
Thank you