Q. I work for the Postal Service. I have 34 years and five months under CSRS. I will be 55 in October. If I What percentage would I receive, retiring with the Voluntary Early Retirement Authority?
A. Get out your pencil and paper (or calculator). Here’s the formula:
.015 x your high-3 x 5 years of service, plus
.0175 x your high-3 x 5 years of service, plus
.02 x your high-3 x all remaining years and full months of service
If you retire before age 55, deduct 1/6 percent for every month you are under age 55.