I’m a FERS employee nearing retirement. If I retire at age 58, I will have a family with a 13- and 16-year-old child at home. In using the Social Security calculator, they would factor in the benefits that I receive from Social Security. Does the special retirement supplement that I can receive at age 58 also calculate the age of children in determining benefit amount?

Q & A

I’m a FERS employee nearing retirement. If I retire at age 58, I will have a family with a 13- and 16-year-old child at home. In using the Social Security calculator, they would factor in the benefits that I receive from Social Security. Does the special retirement supplement that I can receive at age 58 also calculate the age of children in determining benefit amount?

Posted on August 22, 2013

Answer: No, it does not. It’s based solely on the Social Security benefit you earned while a FERS employee, and is paid out of the Civil Service Retirement and Disability Trust Fund.

Source: FederalTimes.com

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