Special retirement supplement qualification

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Q. I am 55 and will reach my minimum retirement age in December. If I take the offer for VERA, will I qualify for the special retirement supplement? Or will I get penalized for not waiting until my MRA age?

A. Yes, you will qualify for the SRS, which you’ll begin receiving when you reach your MRA.

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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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