CSRS: Excess actual service hours after 41 years 11 months


Q. I have exceeded the 41 year 11 month mark of creditable service hours under CSRS.  If I were to continue to work, would I be entitled to an additional 2 percent for every full year worked beyond the 41 year 11 month mark in addition to my unused sick leave hours?  If not, how would my CSRS annuity be computed?

A. By law, your annuity based on actual service will be capped at 80 percent of your high-3. While retirement deductions will continue to be deducted from your pay. When you retire, you’ll have the option of accepting a refund of those excess contributions or use them to purchase additional annuity that isn’t subject to the 80 percent limit. Additional annuity based on unused sick leave is also not subject to the 80 percent limit.


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