Q. I am 55 years old (born Dec. 29, 2960). I worked for the Department of Veterans Affairs for 26 years, and now I have obtained a degree trying very much to get a different job within the government. If I leave the government and get another job until I am 60, can I get the Social Security supplement until I reach 62? Would I be able to collect two pensions if I do this?
A. Since you would be a deferred retiree, you wouldn’t be eligible for an annuity until you reached age 60. And, as a deferred retiree, you wouldn’t be entitled to the special retirement supplement. If you left your retirement contributions in the retirement fund and returned to government employment before applying for an annuity, you could continue to work until you had 30 years of service and reached your minimum retirement age. Assuming that you were under age 60 when you retired, you’d be entitled to the special retirement supplement.