Overtime and retirement

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Q: My current position requires an extensive amount of overtime. I was told recently that my overtime may count toward my retirement. Is this true? If so, how is that applied toward my retirement?

A: You were misinformed. Overtime is never included when determining a High-3, only pay from which retirement deductions are taken. To see which pay categories are included and excluded from basic pay, go to www.opm.gov/retire/pubs/handbook/C030.pdf and scroll down to Section 30A1.1-2.

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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 fedexperts@federaltimes.com.

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