Q. I’m a FERS employee who will be retiring soon. Will I be entitled to the special retirement supplement?
A. The special retirement supplement is payable immediately to those who retire at age 60 with 20 years of service or at their minimum retirement age with 30. If you retire under an early retirement authority, it’s payable at your MRA. No paperwork is needed to receive the SRS.
Three things to keep in mind: 1) The SRS is never payable to those who retire under the MRA+10 provision or who leave government and apply for a deferred annuity. 2) The SRS won’t be added to an interim annuity, only a final annuity; however, the payment will be retroactive. 3) If a retiree receiving the SRS exceeds the annual Social Security earnings limit, the SRS will be reduced or suspended.