Q. What is the present value factor number for a CSRS employee age 62? And what is the formula to figure out the value factor number?

A. The present value factor for a 62-year old covered by CSRS is 193.2. These factors are developed by the Board of Actuaries of the Civil Service Retirement System. You can see all the factors by going to, scrolling down to June 21, and clicking on the headings for CSRS or FERS.


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Reg Jones was head of retirement and insurance policy at the Office of Personnel Management. Email your retirement-related questions to

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