The Social Security Fairness Act eliminates the reduction of Social Security benefits based on your work record or the work record of your spouse or former spouse while entitled to a public pension ...
What are the pros and cons of doing so?" Yes, you can retire and receive the FERS special retirement supplement until age 62. There is only one "pro" and no "con" to doing that. By law you are ...
Here is an example of how a FERS retirement would be computed (assuming the highest three years of basic pay were the last three years of the career) at each option if the employee retires at the ...
Most of our clients choose this option. 4. FERS (Federal Employees Retirement System) Pension: Working Until Age 62 I once had a client who was a federal employee and was looking to retire at age 61.
President Joe Biden signed the Social Security Fairness Act into law, repealing old provisions that reduced the amount of Social Security retirement benefits for public sector workers who receive ...