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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?

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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.

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TheRealOrange  
#1 Posted : Wednesday, September 4, 2019 3:09:15 AM(UTC)
TheRealOrange

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Hello, Ed. The information at OPM's VERA web page indicates that a "FERS annuity supplement is payable to an employee who has completed at least one calendar year of FERS service when he/she reaches Minimum Retirement Age (MRA)." I just want to make sure I understand this correctly. If an employee is eligible to retire under VERA on Friday, January 31, 2020, at the age of 55 with 25 years of FERS service, and reaches his MRA of age 56 in December 2020, will the FERS annuity supplement automatically begin after the employee reaches age 56?
Ed Zurndorfer  
#2 Posted : Wednesday, September 4, 2019 5:30:01 AM(UTC)
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If the retired FERS employee is becoming MRA (age 56) in December 2020, then the first FERS retirement annuity supplement check should be sent (directly deposited) in January 2021. While it would be nice to say that OPM will compute and send the retirement annuity supplement check "automatically", the retired employee is encouraged to email OPM's Retirement Processing Office (at retire@opm.gov) in October or early November 2020 and remind OPM that the retired FERS employee is become MRA in December 2020 and should receive his or her first retirement annuity supplement check in January 2021.
TheRealOrange  
#3 Posted : Friday, September 6, 2019 4:28:00 AM(UTC)
TheRealOrange

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Thank you very much, Ed. The suggestion to send an e-mail in advance of attaining MRA is a good one.

Ed Zurndorfer  
#4 Posted : Friday, September 6, 2019 1:39:41 PM(UTC)
Ed Zurndorfer

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You are most welcome.
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