Annuity computation


Q: I am a USPS/FERS employee. Will I get credit for months and days in excess of a complete year, or are the computations done by rounding down or up to the nearest whole year? I retire Jan. 1, 2011. My total time is 30 years, three months and 17 days.

A: Annuity computations are based on whole years and months. Any left-over days are combined with unused sick leave to create additional months. Any days in excess of a month are dropped.


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