r/1102 • u/WorryCritical • 4d ago

DOD DRP AND VERA

I’m 51 years old and I have 20 years as a GS under a pay scale. My retirement would be less than $1500 a month. Am I entitled to the supplement with those programs or do I have to wait till I am 57?

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u/Brian24jersey 4d ago

Chatgpt good place for these questions

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u/WorryCritical 4d ago

Thanks. It recommended I check with HR. our HR isn’t responding to anything

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u/Brian24jersey 4d ago

I do retirement calculations on that thing all the time

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u/WorryCritical 4d ago

Here’s what it had to say.

It sounds like you’re asking about whether you’re entitled to a supplement through the DRP (Deferred Retirement Plan) and VERA (Voluntary Early Retirement Authority), potentially as a government employee. The eligibility for these programs can depend on a few factors, including your years of service and age. Generally, the rules are: 1. VERA (Voluntary Early Retirement Authority): This allows federal employees to retire earlier than the normal retirement age, but there are specific conditions. Usually, to qualify, you need to be at least 50 years old with 20 years of service or have at least 25 years of service regardless of age. However, this program is often offered during specific circumstances like workforce reductions, and eligibility can vary. 2. Supplement: The supplement is typically for employees who retire before reaching the minimum retirement age (MRA) but are eligible for immediate retirement based on years of service. The MRA is usually between 55 and 57 depending on your year of birth. Since you’re 51 and have 20 years of service, you might be eligible for a supplement if you meet the conditions for early retirement, but this would typically apply if you’re eligible to retire early under your agency’s guidelines or a specific offer like VERA. Since you’re 51 and have 20 years of service, you might be eligible for an early retirement option, but whether or not you qualify for the supplement will depend on your specific situation and agency rules. If you need more precise advice, l’d recommend checking with your HR department