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Federal Employees Benefits Q &A

Do you have questions about your federal employee CSRS or FERS pension/annuity or federal employee retirement planning? Concerns about your Thrift Savings Plan (TSP) account or what about federal employee pay and leave issues?

Ask your question here.

The Q&A forum is moderated by Ed Zurndorfer -- an expert on federal employee benefits -- and a Certified Financial Planner, chartered life underwriter and chartered financial consultant in Maryland.

Zurndorfer is also the author of several federal employee benefits guides published by Federal Employees News Digest.

Your question will be put into a message queue and submitted for review. We cannot guarantee that all questions will be answered, however any answered questions will appear below, and some will also be featured in our daily Federal Daily e-newsletter (Subscribe here). Members of Federal Soup will not be able to submit replies to the questions posted, as we leave the replies for the moderator only.

Please do not submit employee benefits questions to the webmaster or the forum moderator.

Note: FederalSoup.com has attempted to compile information that is as accurate and current as possible for federal employees. Federal policies, laws, regulations, statistics and addresses continually change. Therefore, no warranties are made as to the accuracy or completeness of the information presented in this column. If additional clarification or information is needed, it is suggested that competent and professional assistance be sought. Mr. Zurndorfer does not moderate other forums on FederalSoup and will not reply to general FederalSoup inquiries submitted in this Q&A forum.

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ked2120  
#1 Posted : Monday, June 11, 2012 10:10:57 AM(UTC)
ked2120

Rank: Newbie

Groups: Registered
Joined: 1/11/2009(UTC)
Posts: 7

Can someone please tell me what the earnings restriction are for me now that I am receiving my Social Security supplement.  I retired on an early out in August, 2010.  I drew my FERS pension until I turned 56, my MRA, and now my supplemental payment has started.  My dilemma is that I don't know how much I can earn this year.  I called OPM and they told me that since it was my first year of retirement (which technically, it isn't,) I could have unlimited earnings AND receive all my supplement payments.  I worked for Social Security and I need to know if the rules for the supplement are the same as they are for Social Security  payments.  Am I limited by a yearly amount this year, or do I get a monthly earnings test, like I would under Social Security?  Thank you very much for any assistance that you are able to provide.

Ed Zurndorfer  
#2 Posted : Monday, June 11, 2012 7:14:49 PM(UTC)
Ed Zurndorfer

Rank: Senior Member

Groups: Registered
Joined: 9/10/2001(UTC)
Posts: 4,414

During calendar year 2012, a FERS annuity supplement recipient can earn (salary/wages and/or net profit from self-employment) a maximum of $14,640 without losing any of his or her FERS annuity supplement during 2013. For every $2 earned above $14,640 during 2012, the recipient will lose $1 of the supplement during 2013.  
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