FERS Annuity Supplement

Shawn Plummer

CEO, The Annuity Expert

Understanding the FERS Annuity Supplement

The Federal Employees Retirement System (FERS) Annuity Supplement is a benefit paid to certain federal employees who retire before the age of 62 and are eligible for retirement benefits. It’s designed to bridge the gap between early retirement and the age when they start receiving Social Security benefits.

What Is The Fers Supplement

Eligibility for the FERS Annuity Supplement

To qualify for the FERS Annuity Supplement, you must:

  1. Be a FERS retiree.
  2. Retire before the age of 62.
  3. Meet specific criteria for years of service.
Fers Annuity Supplement

Calculation of the FERS Annuity Supplement

The calculation involves:

  1. Your years of FERS service.
  2. Your estimated Social Security benefits at age 62.
Fers Supplement Earnings Limit 2023

When Does the Supplement End?

The supplement typically ends when you reach 62, the age you become eligible for Social Security.

Example of FERS Annuity Supplement

Imagine a retiree with 25 years of service and an estimated Social Security benefit of $1,000 at age 62. The supplement would be a fraction of the $1,000, based on their years of service.

Fers Supplement 2023

FERS Annuity Supplement Overview

EligibilityFERS retirees, retiring before 62
Calculation BaseYears of service & estimated SS benefits
DurationUntil age 62
PurposeBridge income gap before SS eligibility
Fers Annuity Supplement Earnings Limit 2023


The FERS Annuity Supplement is a valuable benefit for federal employees retiring early. It helps provide financial stability until the commencement of Social Security benefits. For more detailed guidance and to understand how this applies to your specific situation, contact us today for a free quote.

Request A Quote

Get help or a quote from a licensed financial professional. This service is free of charge.

Contact Us

Frequently Asked Questions

What is the FERS service factor?

The FERS service factor is a calculation used to determine an annuity benefit for federal employees. It factors in the total years and months of creditable service and any additional contributions made by the employee to their defined contribution plan.

What is the standard annuity formula?

The standard annuity formula calculates the future value of an investment that pays regular periodic payments. It considers the initial principal invested, the periodic payments made, and the interest rate earned.

Shawn Plummer

CEO, The Annuity Expert

Shawn Plummer is a licensed financial professional, insurance agent, and annuity broker with over 14 years of first-hand experience with annuities and insurance. Since beginning his journey in 2009, he has been pivotal in selling and educating about annuities and insurance products. Still, he has also played an instrumental role in training financial advisors for a prestigious Fortune Global 500 insurance company, Allianz. His insights and expertise have made him a sought-after voice in the industry, leading to features in renowned publications such as Time Magazine, Bloomberg, Entrepreneur, Yahoo! Finance, MSN, SmartAsset, The Simple Dollar, U.S. News and World Report, Women’s Health Magazine, and many more. Shawn’s driving ambition? To simplify retirement planning, he ensures his clients understand their choices and secure the best insurance coverage at unbeatable rates.

The Annuity Expert is an independent online insurance agency servicing consumers across the United States. The goal is to help you take the guesswork out of retirement planning and find the best insurance coverage at the cheapest rates

Scroll to Top