Q. I am a federal employee, 61 years old, and my question is when I retire will my annuity be based on basic salary, locality pay, or both? I want to retire soon with 20 years of service.
Browsing: locality pay
Q. I worked in Saudi Arabia as an Army civil servant from 2012-2016. I now work in the U.S. at Marine Corps Base Camp Pendleton where I receive locality pay. If I work here for two years, how is my retirement pay under FERS (42 years of service) computed? What if I spend one year overseas (no locality pay) and two years stateside (with locality pay) — do I get the average of the three years?
Q. Is locality calculated separately from base pay for retirement? Is locality also a high-3 calculation, or is it based on locality of location when you retire, or is it the locality where you earned your high-3 base pay? If my locality is reduced because base pay plus locality exceed the cap, is retirement annuity calculated from the capped number or full base pay and full locality?
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…
Q. I live in the Boston commuting area. My salary includes locality pay. My SF-52 shows basic pay and locality pay for a total adjusted basic pay. When factoring my high-3 average, is it based on my total adjusted basic pay, which includes the locality pay?
Q. The following is from the U.S. Postal Service Employment and Labor Relations Manual: 512.732 Entitlement Amounts Separating employees may receive lump-sum terminal leave payments as follows: Nonbargaining Unit Employees. Nonbargaining unit employees may receive a lump-sum leave payment for accumulated annual leave carried over from the previous year; accrued annual leave for the year in which they separate, including amounts over the carryover maximum; any unused donated leave; and for full-time and part-time regular employees, holidays that fall within the terminal leave period. I retired Oct. 31 with an annual leave balance of 576 hours, for which I received…
Q. If a civil servant moves after retirement into an area with a higher locality pay (i.e., the rest of U.S. to the Boston area), do their retirement benefits adjust to meet the need of living in the new area?
Q. I am a FERS employee being considered for the 60/40 disability retirement. When calculating the amount the person receives based on the high-3 average, is locality pay included? Also, if locality pay is included, is the disability payment adjusted if the person moves to a different locality?