Q & A
I am CSRS Offset. I’ve been paying into Social Security for many years and I plan on retiring before I’m 62 years old. Once I retire, will I stop paying into Social Security? Also, will I be eligible for the special retirement supplement before I’m eligible to collect when I’m 62 years old?
Answer: Yes, you’ll stop paying into Social Security when you retire. Those deductions are only taken from wages and self-employment, not other kinds of income. No, only FERS retirees are eligible for the special retirement supplement.
Source: Reg Jones, FederalTimes.com – January 27, 2014
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