Annuity multiplier


Q. If you retire at the MRA with over 30 years of service, is your annuity based on 1.1 percent or is it 1 percent?

A. It would be 1 percent. Only employees who retire at age 62 or older with at least 20 years of service have their annuities computed using the 1.1 percent multiplier.


About Author

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

Leave A Reply