Retirement and pay cap

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Q. Is my high-3 based on the capped amount or is it the base pay plus the full locality pay percentage?

A. Your high-3 will be based on the pay you actually received — the amount from which retirement deductions were taken — not the amount you would have received had it not been for the cap.

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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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