Q. I’m 24 years retired from the military and currently a federal employee under FERS. The Employee Benefits Information System reflects I am eligible for MRA+10 by December 2024. By then, I am 56 years old. Will I be illegible for SRS if I retire at my minimum retirement age?
Browsing: Special retirement supplement
Q. I’ve been with the government for 32 years and have based my TSP contributions on having the special retirement supplement when I’m eligible to retire in six years. Can Congress approve the budget and eliminate something that’s been promised to millions of federal employees just like that? This seems like a breach of contract and illegal. Am I wrong about that? Wouldn’t current employees have to be grandfathered in?
Q. I am retiring under discontinued service at 54 years old. I will get my FERS annuity, and when I reach my minimum retirement age, the special retirement supplement. I want to work part time. What is the max amount that I can earn? What will be the difference in loss of benefits between a federal job and a nonfederal job?
Q. There has been talk that the FERS supplemental is going to be done away with. Will it be replaced with another supplemental? What was the purpose of the supplemental in the first place? The cost of living has not gone down — it continues to go up each year. FERS employees will need some to bridge the gap before they can draw Social Security.
Q. Is it true that any FERS employee who leaves government and postpones the annuity to avoid the age reduction would not get the special retirement supplement? I ask because I have reached my minimum retirement age of 56, with 26 years of service. What would happen if I left the government for another job and postponed my annuity until age 60?
Q. I’m looking into buying my military service time, waiving my military retirement and retiring with 37 (20 military plus 17 government service) years creditable service at 56 years old. Am I entitled to the special retirement supplement?
Q. I’m a FERS employee. I thought I had read somewhere that when you leave government early and apply for a deferred retirement, you have to wait until you are 62 to receive your annuity. Is that not true? Would you be eligible for the FERS supplement in this case?
Q. I received my first FERS retirement check, but it did not include the supplement. How long does it take to receive this? Is it a separate check or included with the FERS retirement check?