Q: I thought the FERS special retirement supplement was terminated in the FY14 Budget – has it been reinstated? I am reviewing my retirement plan crying on my keyboard trying to figure out how to deal with the loss of the FERS Supplement as I know it. I will retire in Dec 2015 with 20 years at age 60. Last I heard this benefit was history. Make my day, is it back?
A: It never has been terminated. There have been threats to eliminate the supplement for new hires, but even those threats have not turned into action.
Your day has been made. The supplement lives!