FERS Law enforcement retirement


Q: I am a retired FERS law enforcement officer collecting the FERS supplement. I am also an independent contractor for the State Department conducting security background investigations. Am I bound by the annual limit you can make from earned wages? The 2010 limit is $14,160. I made almost $19,800. I thought that when I retired FERS law enforcement supplemental pay had no limit. Please advise, and what happens now?

A: You were mistaken. The Social Security earnings limit applies to everyone who is receiving a Social Security benefit and hasn’t reached full retirement age (65-67, depending on the year of birth). It also applies to the special retirement supplement, which automatically eands at age 62. Your benefit will be reduced by $1 for every $2 in earnings above the limit ($14,160 in 2011). That reduction will occur when the excess earnings are detected and continue until they once more fall below the limit.


About Author

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

Leave A Reply