Q: My husband is retired from the military. He will receive military retired pay and social security pay. Would his social security annuity be reduced if he receives my CSRS as a survivor benefit? I am trying to decide if I should elect SBP or if I should just take $$ to invest each month instead. I can’t see paying for SBP if his social security would be decreased.
A: His Social Security will not be reduced due to his receiving a survivor benefit (either CSRS or FERS). First, you are paying for that benefit by a deduction in your pension after you retire. Second, reductions to Social Security based on CSRS service apply only to the CSRS retiree, not to their spouse.
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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.