Social Security and FERS Supplement

By on December 28, 2014 in Q&A, Retirement with 0 Comments

Q: My spouse retired under FERS as federal firefighter. When his FERS suppplement stopped at age 62, he filed for early Social Security benefits. As a FERS employee, I plan to retire with 30 years at age 59. I will receive the FERS supplement until age 62. I plan to wait until my full retirement age of 66 years 2 months to consider filing for Social Security. My questions are, (1) at my Social Security full retirement age, can I file a restricted application for my spouse’s Social Security benefit and delay filing for my own Social Security benefit until age 70, allowing my benefit to continue to grow?; (2) if I am allowed to file a restricted application for my spouse’s Social Security benefit at age 66.2, will my benefit be half of what my spouse currently receives as a result of his filing early at age 62, or will my benefit be half of what his benefit would have been at his full retirement age?

A: You can file a restricted application for spousal Social Security benefits at you full retirement age and delay applying for your own until age 70 to take advantage of delayed retirement credits.

At your full retirement age, your spousal benefits will be 1/2 of your spouses full retirement age benefits.

Social Security has helpful information on their website, http://www.socialsecurity.gov. I double checked my answers using their FAQ section.

John Grobe’s latest book, The Answer Book on Your Federal Employee Benefits, has just been released by LRP Publications. The book is written in an easy to understand question and answer format and covers all areas of federal benefits from the perspective of an employee at various stages of their career. Order your copy at shoplrp.com.

© 2016 John Grobe. All rights reserved. This article may not be reproduced without express written consent from John Grobe.

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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.

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