Am I Eligible for the Special Retirement Supplement?

By on October 21, 2014 in Q&A, Retirement with 4 Comments

Q: With regards to your article, What is the Special Retirement Supplement and Why Is it Important?, you state, “It is designed to replace the portion of an age 62 Social Security benefit that is due to civilian employment under the FERS system (military time that has been bought for FERS retirement does not count in computing the special retirement supplement (SRS)). ”

I am a VA employee under FERS retirement. I plan to retire with 29 years VA service with an additional 4 years military time that I bought for FERS for a total of 33 years. I meet the MRA. Does this mean I would not be eligible for SRS?

A: No. All it means is that your supplement will be based on your civilian time, making it slightly smaller than if military time were counted..

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About the Author

John Grobe is President of Federal Career Experts, a consulting firm that specializes in federal retirement and career transition issues. He is also affiliated with TSP Safety Net. John retired from federal service after 25 years of progressively more responsible human resources positions. He is the author of Understanding the Federal Retirement Systems and Career Transition: A Guide for Federal Employees, both published by the Federal Management Institute. Federal Career Experts provides pre-retirement seminars for a wide variety of federal agencies.