Annuity calculation


Q. I am a FERS employee and have 30 years of federal service. I’m 58 years old. How much should I expect for my retirement? My high-3 is $42,000.

A: Here’s the formula for calculating a regular FERS annuity: .01 x your high-3 x all years and full months of service. Plugging your numbers into that formula would produce an annuity of $12,600.


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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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