Browsing: High-3

Q. I am a USFS firefighter with 17 years of 6c covered firefighter/law enforcement service. If I take a temporary promotion/detail in a non-6c covered position during my last 3 years of service (my high 3), will this higher salary be included in my high-3 calculations?

Q. I am a Defense Department employee in Washington D.C. If I change my locality three months before I retire Jan. 1, when I retire would the lesser locality pay kick into my base and be used as the high-3? A. How may times do I have to say this? Your high-3 is your highest three consecutive years (78 pay periods) of average basic pay, regardless of when they occur in your career.

Q. Is night differential (shift work) added to my high-3 when calculating my retirement annuity? A. No, it isn’t, unless you are a wage system employee. Then it is.

Q. Between 2009 and 2012, I served two deployments in Afghanistan as a GS employee (CSRS). Can my salary during those deployments be used in the computation of my high-3? A. No. Only actual basic pay earned while a federal civilian employee can be used in that computation.

Q. I am 50 and I have been in government for 27 years. I am going to apply for a deferred retirement at age 60 or 62.  I thought I read somewhere that the “high-3” was consecutive. If I was a GS-13 and due to BRAC had to come back into the government at a much lower grade, could I still use my high-3 including grades 11-13 or am I required to use the last grade I held? A. Yes. Your high-3 is the highest three consecutive years of average basic pay (78 pay periods), regardless of when they occur…

Q. I have 14 years and 8 months of active Army service. In 1993, when Regan was initiating draw down of troops and instituted SSB (Service Separation Bonus), I received a Service Separation Bonus in 1993’s drawdown of $40,000 before taxes and separated from the Army in Sept. 1993. In June 1995, I entered the federal service as a full time Civilian Government Employee working for the Army Material Command where I work today. At the end of this month, I will have 18 years and 9 months as a federal government worker. I am currently 56 years old. Would it be more beneficial to…

Q. I am a federal employee (FERS employee from January 1988 to the present) who will likely be leaving federal employment for a private sector position in a different city. What happens to the following: 1. Can I either leave my money in the TSP account or roll it over; in any case, I am not touching the balance until I retire. 2. Am I correct that my retirement annuity freezes until I actually retire and that it would be based on the following calculation — years of service (.26) x the average of the high-3 annual salary? 3. Do…

Q. I will be 62 the end of June this year. I am in FERS, would like to retire this year and am trying to make a sound decision regarding what date would be best. 1) I have 918 sick hours accumulated. Will they convert 100% into service time? 2) When trying to calculate how much I will get for retirement, is it based on basic pay or total pay with locality adjustment? 3) Is there any penalty if I retire at age 62 if I have less than 20 years of FERS service? 4) Is there any offset with…

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