Q. I receive a FERS annuity. If I receive Social Security disability, I understand I lose 60 percent of that pay until I’m 62. Will FERS go back however many months and make me pay back the difference for those months of retroactive pay from Social Security? In other words, if I collect six months of retroactive pay from Social Security do I owe FERS 60 percent of my annuity that I received for those six months?
A. If your approval for Social Security disability benefits is retroactive, you will owe whatever you were overpaid in your FERS disability annuity. Usually, the repayment is handled by the Social Security Administration reducing the amount of the benefit it pays you until the debt to OPM is paid.