FERS Retirement Annuity Supplement: Eligibility and Calculation Explained
What is the FERS Retirement Annuity Supplement?
The FERS retirement annuity supplement is a monthly payment designed for federal employees who retire before the age of 62. This benefit is part of the Federal Employees Retirement System (FERS).
Eligibility Criteria
- Must be a federal employee under the FERS.
- Retire under immediate retirement rules.
- Must retire before reaching age 62.
Estimating Your Supplement
Ed Zurndorfer provides a detailed overview of how to estimate FERS retirement annuity supplements. Knowing the calculation method can greatly aid in financial planning for retirement.
Conclusion
Understanding the eligibility and calculation of the FERS retirement annuity supplement is crucial for federal employees looking to retire before age 62. Awareness of these benefits can positively impact retirement decisions.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.