How to calculate special retirement supplement?
How to calculate special retirement supplement? Computation of Annuity Supplement For example, if your estimated full career Social Security benefit would be $1,000 and you had worked 30 years under FERS, we would divide 30 by 40 (. 75) and multiply ($1,000 x . 75 = $750). The result would be your special retirement supplement, prior to any reductions.
How do you calculate the first supplement?
How FERS Supplement is Calculated
- Calculate your estimated Social Security benefit at age 62. ...
- Divide your years of federal service by 40.
- Multiply the result from step 2 by the estimated Social Security benefit.
What is the difference between SCD and Rscd?
SCD is for leave purposes only. Your creditable service is based on your RSCD (retirement service computation date). Technically, OPM uses your RSCD to determine the beginning of your Years in Service for the pension calculation. You can find your *Estimated* RSCD on your Personal Statement of Benefits.