Annuity calculation


Q. I am 62 and have been employed by civil service for 2½ years. If I stay 2½ more years and retire with five years (the last 3½ as a GS-9), what can I expect from the retirement system?

A. You can estimate what your annuity would be by using the following formula: .01 x your high-3 x your years of service. In other words, your annuity would equal 5 percent of the average of you highest three consecutive years of basic pay.


About Author

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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