SRS amount

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Q. Can you discuss the Special Retirement Supplement as it applies to a federal retiree between the ages of 56 (MRA) and 62, and dependent children under the age of 16 years and two months during that period? Is it true that the computation may be increased to 1.5 percent of the amount one would receive without dependent children, for example, the standard calculation?

A. No, it isn’t true. The SRS is based exclusively on the amount of that benefit you earned while a FERS employee.

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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 fedexperts@federaltimes.com.

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