Browsing: OPM

Q. I was told this morning that if you receive the FERS (Federal Employee Retirement System) Supplement that your basic FERS annuity will be reduced because you have to pay back the supplement amount that you received over the length of your retirement. This was a new one to me, is this true? I was under the impression that the supplement comes out of a pool of money from OPM (Office of Personnel Management) and that is a reason the politicians want to take it away.