POSTAL NEWS

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3.06.2021

FERS supplement: A Frequently Misunderstood Benefit

"... a special payment for FERS employees who retire before age 62. The supplement is designed to act as a monetary bridge between retirement under FERS and the time a retiree qualifies for Social Security retirement. It is paid in addition to the monthly FERS annuity benefit, but unlike the annuity, it is not a lifetime benefit..."   
Source: www.govexec.com

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