Q. I know when I retire, I may only receive a partial FERS annuity payment until the Office of Personnel Management finalizes my paperwork. Does this delay also apply to the Social Security supplement? Will I receive all, part or none of the supplement until my retirement package is completed? A. You won’t receive the special retirement supplement until your annuity is finalized. Then you will receive both the amount of annuity that you were underpaid and the full SRS from the time your annuity began. OPM has been working to increase the amount of the interim annuity payments and…
Browsing: interim annuity
Q: I’m in a law enforcement officer position and was wondering if the Federal Employees Retirement System supplement is also paid to new retirees while on interim payments, or are the interim payments only partial payments of the FERS basic annuity? A: The special retirement supplement is only paid when you case has been finalized and you are receiving your full annuity. You’ll receive catch-up payments of your special retirement supplement along with any additional annuity you are owed because you were in interim pay.