Confused about SS and FERS


Q: I am confused about FERS annuities and Social Security benefits.
Will I get my full FERS annuity and my full Social Security benefits?? I have heard that if you make too much money, you will lose all or a good portion of your Social Security benefits. I am a GS-13 and retirement eligible at 60 years old with 22 years of service. I earned full Social Security credits before entering  civil service.

A: If you are receiving a Social Security benefit and have not reached your full Social Security retirement age, $1 in Social Security benefits will be deducted for every $2 you earn above the annual earnings limit. In 2011, that limit is $14,160. In the year you reach full retirement age, that benefit will be reduced by $1 for every $3 above a different limit. In 2011, that limit is $37,680. After you reach full Social Security retirement age, which ranges between 65 and 67 depending on your birth year, the earnings limit no longer applies.


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Reg Jones was head of retirement and insurance policy at the Office of Personnel Management. Email your retirement-related questions to

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