FERS Supplement Elimination: A Comprehensive Guide for Federal Retirees
Understanding FERS Supplement Elimination The Federal Employees Retirement System (FERS) offers a three-legged stool of retirement benefits: Social Security, the FERS basic annuity, and the Thrift Savings Plan (TSP). However, for some federal retirees, a crucial component – the FERS supplement – may be eliminated or reduced. This can significantly impact their retirement income, leading … Read more