Q. Is your retirement based off of the General Schedule Base or the Base with locality pay?
A. Your annuity will be based on your basic rate of pay, which includes locality pay.
Locality pay
2
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Reg Jones
Reg Jones was head of retirement and insurance policy at the Office of Personnel Management. Email your retirement-related questions to fedexperts@federaltimes.com.
2 Comments
Do I understand you correctly are both Base salary and locality pay both used to determine High 3 when calculating retirement pay.
Yes.