Standby Premium and FLSA in high-3?

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Q. I am a Federal Employees Retirement System non-law enforcement officer (1811) employee who receives Standby Premium and Fair Labor Standards Act pay. I can retire at age 56, when I will have 33 years of service. In calculating my high-3 average, will Standby Premium and/or FLSA pay be included in the average?

A. An employee’s basic pay is used to calculate his high-3. To see what’s included and excluded from basic pay, go to www.opm.gov/retire/pubs/handbook/C030.pdf.

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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 fedexperts@federaltimes.com.

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