Special retirement supplement

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Q. I have been hearing rumors that the special retirement supplement can be extended beyond 62 as long as I do not take Social Security. Is this true? If so, who do we contact and is there a form we need to fill out?

A. False. Your FERS special retirement supplement will end at 62 whether, or not, you claim your Social Security benefit.

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Mike Miles is a Certified Financial Planner licensee and principal adviser for Variplan LLC, an independent fiduciary in Vienna, Virginia. Email your financial questions to fedexperts@federaltimes.com and view his blog at money.federaltimes.com.

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