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Here’s the scenario: Blocked by moderator
I wish someone would try to answer these kinds of questions and define what they mean by “year” and “calendar year” etc. The people who write the OPM guidance are so vague they end up being useless.
What does the other person who answered here mean by year one or year two? The year starting from the date of retirement? Is year 1 the calendar year of retirement or the first calendar year staring after the date of retirement?
I’m starting to understand why non federal employees think we’re so useless.
For this discussion, year one is the first year the supplement is received. Not everyone who retires is eligible to collect the supplement immediately. Year two is the year following the first year collecting the supplement. The supplement is earnings tested and the earnings used are for the previous year, not prospective years. A calendar year is January 1 to December 31 of any year.
For this discussion, year one is the first year the supplement is received. Not everyone who retires is eligible to collect the supplement immediately. Year two is the year following the first year collecting the supplement. The supplement is earnings tested and the earnings used are for the previous year, not prospective years.
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FERS Special Retirement Supplement Reduction after first calendar year
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