Q. I retired at age 50 under the Federal Law Enforcement Retirement Provision. I had 32 years of government service. The service included active-duty military, years under CSRS and the last 5½ years under FERS. I paid back the military service. During the years under CSRS, I also served some of those years in the U.S. Army Reserve and paid Social Security taxes on those earnings. I always had enough credits to receive Social Security before switching to FERS. I also had no additional earned income since I retired.
I have been receiving a Social Security Supplement Annuity. I understand that it will stop at age 62. Since I am getting closer to 62, I am wondering if I will be still be subject to the WEP.
A. Yes, you will. The windfall elimination provision applies to anyone who receives an annuity — in whole or part — from a retirement system where he didn’t pay Social Security taxes, such as CSRS. The WEP will reduce your Social Security benefit if you have fewer than 30 years of coverage under Social Security.