Q. Is there an offset to the FERS special retirement supplement if you are awarded a Social Security disability benefit?
Browsing: Special retirement supplement
Q. I am currently a LEO under 6c retirement in FERS. I can retire in two years. I am also retired from the military, and receiving my monthly pension. When I retire from the government, I will be getting a Social Security supplement since we are mandated to retire at 57 years old. I was told by a co-worker that my Social Security supplement will be reduced since I am receiving a military pension. Is this true?
Q. I have been retired since Dec. 26, 2014. Since retiring I filed for disability and have just received it. I’d like to know what the breakdown is in pay I’ll be receiving. Social Security disability has already given me an amount and I’m 58 years old. I’m in FERS and have been receiving a check every month for my retirement. The amount I was given from Social Security disability is more, but does this include my supplements? Also, will I have to pay my life insurance and health insurance, or is it included in the amount quoted every month by disability?
Q. I am a CBP officer; I joined in 1989 at 28 years old. Prior to this I was in the Air Force for 8 years, 5 months. I am under the FERS retirement program. In 2008 my position became a covered LEO position. I plan to retire in 2019. But since I have bought back my military time, could I retire at MRA and collect my full annuity and the OPM supplement as an LEO?
Q. I accepted early retirement in 2011 when I was 52 years old and had 20 years of service (FERS). When can I get the special retirement supplement?
Q. Can you discuss the Special Retirement Supplement as it applies to a federal retiree between the ages of 56 (MRA) and 62, and dependent children under the age of 16 years and two months during that period? Is it true that the computation may be increased to 1.5 percent of the amount one would receive without dependent children, for example, the standard calculation?
Q. At the age of 56 I will have 13 years of civil service. If I decide to retire from civil service will I get Social Security supplement?
Q. Will my Social Security benefits be reduced by me receiving a monthly annuity once I retire? I’m under the FERS system and will be retiring at my maximum retirement age.
With bills being introduced on the Hill to eliminate the special retirement supplement (SRS) for future Federal Employees Retirement System (FERS) retirees, I thought it would be a good idea to explain what the special retirement supplement (SRS) is, why it is, and how the amount is figured. What is the SRS and why is it provided? The SRS approximates the Social Security benefit you earned while a FERS employee. It’s designed to bridge the gap between the time you retire and age 62, when you’ll be eligible for a Social Security benefit. Notice the words “bridge the gap”? The…
Q. I plan to retire next month with 25 years as an 1811. I will be 49. My total government service will be 27 years. My benefits office indicates that I will not receive my Social Security supplement until I reach 62 years of age. That just does not sound right.