Special supplement calculation.

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I retired May 31 at 56 years old and 34.5 years of service. Can you explain the wages that are used to calculate the special supplement. Before I retired the Post Office told me my supplement would be 1486. Using the formula ss x years /40 = 1622. A retirement group used publication 51 to calculate my supplement and they showed 1644. Opm has now stated my supplement at 1386. Why the difference?

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Asked on August 29, 2019 5:15 pm
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The calculation of the supplement is very complicated and you were provided an “estimate.” The estimates are usually pretty close but the final answer can only come from the Office of Personnel Management. Here is the chapter in the CSRS FERS Handbook with the formula for the calculation.

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Posted by (Questions: 0, Answers: 485)
Answered on August 29, 2019 5:29 pm