FERS annuity computation


 Q. I am under FERS. I am 65 years old with 26 years of federal civil service time. I am thinking of retiring sometime shortly after my 66th birthday in July 2014. Can you help me figure out what my monthly annuity amount would be?

A. Getting that answer is as simple as pie. Here’s the formula: .011 x your high-3 x your years and full months of service.


About Author

Reg Jones was head of retirement and insurance policy at the Office of Personnel Management. Email your retirement-related questions to fedexperts@federaltimes.com.

Leave A Reply