FERS and Social Security


Q. I’m 63 with 28 years of service under FERS. Beside the Social Security I’m receiving, am I entitled to a pension from USPS too? If so, how much?

A. If you are still employed, it’s unlikely that you are receiving a Social Security benefit. If you were, it would be substantially reduced or even eliminated because of the Social Security earnings test. Anyhow, when you retire, you’ll be entitled to receive both your Postal Service annuity and any Social Security benefit you earned based on your number of years under Social Security. Your Postal Service annuity would be computed under this formula: 0.011 x your high-3 x your total years and full months of FERS service.


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.

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