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Locality pay

By militaryonline on December 7, 2012 Uncategorized

Q. I want to apply for an unreduced annuity at age 60. Is locality pay factored in with the base pay in the computation for monthly annuity payments under FERS?

A. Yes, locality pay is considered part of base pay.

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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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