Wednesday, April 15, 2009

FERS Social Security Annuity Supplement

With many people taking the USPS Voluntary Early Retirement, many of you may have questions relative to Eligibility for the Retiree Annuity Supplement. Check out this OPM PDF document on the subject.

"...The retiree annuity supplement is a benefit paid until age 62 to certain FERS employees who retire before age 62 and who are entitled to an immediate annuity. The supplement approximates the value of FERS service in a Social Security benefit. The general purpose of the supplement is to provide a level of income before age 62 similar to what the retiree will receive at age 62 as part of a Social Security benefit, if eligible for Social Security at that age...."    



This Article is From: www.opm.gov

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