The FERS Supplement: How Does It Work?

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Information The FERS Supplement: How Does It Work?

Title	:	The FERS Supplement: How Does It Work?
Lasting	:	8.25
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Views	:	2,6 rb

I have 28 years with the PO and 4 yrs Military that I bought back I'm 55 right now and MRA is April 2026 my question is can I postpone my retirement with the PO now and at my MRA start collecting the SRS and Aunnity from the PO without penalty ?
Comment from : @paulburns6856

What is considered Credible Civilian Service? I started receiving work paychecks in 1984 I worked at Post office from 1994- present 30yrs at Post office and 10yrs other jobs Is this considered 40 years of Credible Civilian Service?
Comment from : @E-ZE-DUZIT

If retiring in the middle of the calendar year, only income after retirement date counts towards your income limit?
Comment from : @cajundaddy64

I have watched both of your FERS supplement videos Thank you for breaking it down I am 55 with almost 26 years of FERS service (plus 9 years of prior active duty Army) My plan is to retire next year in August (MRA) as I'll have 36 total Federal service I also retired from the Army Reserve With deployments and mobilizations, I'll draw that retirement at 575 The FERS supplement is a nice bonus to my expected retirement income Thanks!
Comment from : @usa91b

Can FERS go away if you make over a certain dollar amt after retirement?
Comment from : @NicBro-t2p

Will the FERS Supplement be automatically included with the basic monthly survivor pension for a surviving spouse (who is under age 60) of the employee if the employee passes away during the job before even filing for retirement, and has more than 10 years of creditable civilian service? This scenario is very elusive with only vague information available on the internet (most discussion is geared toward survivor spouses of those former workers who already retired/became annuitants) The work file in such an event (death before retirement) is handled by the employing agency and not OPM And HR specialists from the agency seem unaware of the supplement or say that it's only available for the federal employee looking to retire early, not survivor spouses
Comment from : @dreamstorm3297

wow I did not know my military buy back time doesnt count towards years of service to make me eligible for the supplement this changes everything in my plan thank you for the info!
Comment from : @hrobbins

How much Will my srs of $2400 if i have $45000 earned income for the year?
Comment from : @johnp2909

To confirm I understood it correctly, I will not be subject to a review until age 57 (Law Enforcement retiree), correct? So, will it be ok to work the entire year from when I turn 56 until age 57, or will the review consist of going back a year (reviewing my tax records)?
Comment from : @angelramos-rojas6350

Hi new subscriber here, I retired September 2022 age 55 under a VERA/VSIP August 2023 I reached my MRA 566 years of age with 34 years and two months of service Two questions how quickly will I start receiving it ? And what percentage of my age 62 SS will OPM apply it to? One more question if they somehow delay paying is the first check retroactive to my MRA birthday? Thanks
Comment from : @gregthomas2448

I did not know that the Fers Supplement was also subject to income tax
Comment from : @sjs747

The info provided in this video isn't accurate enough for a true estimate Don't use your expected SS value at age 62 for the estimate; the SRS calculation will give you a lower amount (for me, about $175 less)
Comment from : @kyleby2

Can you calculate 36 years I’m getting 009 percent Will OPM pay out 90 percent in Fers supplement of my estimated social security payment at 62
Comment from : @66pacesetter

Thanks for the info You mentioned military time I have a question about that Does military time counts towards your creditable time, or just for pension like sick leave (from your previous video) Thanks
Comment from : @Bestia12345