Was the FERS Special Supplement Terminated?

I thought the FERS special retirement supplement was terminated in the FY14 Budget – has it been reinstated?

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!

Agencies can request to have John Grobe, or another of Federal Career Experts' qualified instructors, deliver a retirement or transition seminar to their employees. FCE instructors are not financial advisers and will not sell or recommend financial products to class participants. Agency Benefits Officers can contact John Grobe at johnfgrobe@comcast.net to discuss schedules and costs.

About the Author

John Grobe is President of Federal Career Experts, a firm that provides pre-retirement training and seminars to a wide variety of federal agencies. FCE’s instructors are all retired federal retirement specialists who educate class participants on the ins and outs of federal retirement and benefits; there is never an attempt to influence participants to invest a certain way, or to purchase any financial products. John and FCE specialize in retirement for special category employees, such as law enforcement officers.