Q. I am a civilian physician working for the VA in FERS, and I want to know what components of my pay are used to calculate my FERS retirement stipend. On my earnings and leave statement, one portion of my pay is classified as “regular pay,” and another portion is classified as “market pay.” Are both of these combined to determine my high-3? A. Basic pay for retirement purposes is the amount of pay from which retirement deductions are taken. Physicians comparability allowances are considered part of basic pay if certain criteria are met. For more information, go to www.opm.gov/oca/pay/html/pca.asp
Browsing: Earnings and Leave Statement
Q. I am a rehired annuitant. My Earnings and Leave Statement shows my hourly rate as $13.41. But the section “Your Pay” consists of “Gross pay is figured at $8.84 per hour” (which is the amount after my annuity is deducted from my wages). All of my correspondence (SF-50) shows $13.41, and rehire papers show an hourly wage of $13.41. Why doesn’t my Earnings and Leave Statement show me making the $13.41 per hour and then show my annuity as a deduction from my wages? If it showed wages at $13.41 as a seasonal employee, I would be eligible to…