Browsing: Special retirement supplement

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…

Q. I am a federal law enforcement retiree (I left service in 2015) and get my FERS annuity and special supplement. I was recently approved for Social Security Disability. Does SSDI affect my supplement, i.e., is it considered wages that count against the supplement limit on earnings? Will my FERS annuity be affected? A. Your special retirement supplement won’t be affected. That’s because only earnings from wages or self-employment can affect that benefit. Social Security Disability Insurance is neither.

Q. My husband and I were both federal employees and took the Voluntary Early Retirement Authority. The minimum retirement age for both of us is age 56. Will we both be eligible to receive the special retirement supplement at the MRA, or will only one of us receive the supplement at MRA? A. You will both be eligible for the SRS when you reach your MRA. Reg Jones is away until May 2. Daily posts of previously submitted questions will continue, while newer queries will be answered following his return.

Q. I am a FERS employee with 18 years of service. I am retired military with 20 years of service that I bought back soon after I became a FERS employee. I turn 56 this year. Am I entitled to the special retirement supplement and, if so, how would I calculate the amount? My question is based on guidance I was provided that stated the requirement for the SRS is “Retirement at MRA with 30 years” or “Retirement at age 60 with 20 years” … but only true FERS time counts, not military time.

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