FERS retirement numbers


Q. What percentage do FERS employees get for the retirement pay if they work until 62?

A. If you have at least 20 years of service and retire at age 62 or older, your annuity will be computed using the following formula: 0.011 x high-3 x years and full months of service.


About Author

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

Leave A Reply