What Impact Does Sick Leave Have on the FERS Annuity Computation?
Because unused sick leave is used in the computation of my annuity, will it allow me to receive the 1.1% FERS computation factor?
Annuity
Stay informed on federal retirement annuities under both FERS and CSRS, including updates on annuity calculations, eligibility rules, service credit, survivor benefits, and COLA adjustments that affect long‑term retirement income. Explore clear explanations of how federal pensions are computed, how policy or legislative changes may impact annuity payments, and what federal retirees need to know about planning for financial security. Find timely analysis and practical guidance to help federal employees and retirees understand the factors that shape their annuity benefits.
Shrinking Supplemental Annuity Payments: Response from OPM
Readers have asked questions about the reduction in their annuity payments for retired federal law enforcement officers. Here is OPM’s response.
A Shrinking Annuity Payment for Some Former Feds
OPM asked its IG not to publish a report about a decision the agency made that raised annuity payments for some retired federal employees. Here’s what happened.
What’s the Difference in the 1% and 1.1% FERS Annuity Computations?
I’ve heard that there are two different computation factors that are used in computing the FERS annuity; 1% and 1.1%. What’s the difference between them?
Does Your Unused Sick Leave Count Towards Your Retirement Eligibility?
How is your unused sick leave factored into your annuity calculation? The author clarifies what he says is a frequent misconception among federal employees.
Federal Retirees: Will You Receive a Full or Prorated COLA?
The 2018 COLA increase will be reflected in payments for federal retirees in January 2018. Some will receive a full COLA; others will receive a prorated COLA.
I Worked Part Time Under FERS; How Does This Affect My Annuity?
I’m a FERS employee who has worked part time for part of my federal career. How does this affect my length of service and the way my FERS annuity is computed?
When is the Best Date to Retire in 2017?
Are you planning to leave federal service at the end of the year? These are some important considerations for maximizing your annuity and leave payments.
What Impact Does Returning to Federal Service Have on Your Annuity?
If you have already retired from federal service but choose to return, how would this impact your annuity?
How Much Do I Need In Savings If I Want $X Per Year In Retirement and Not Run Out of Money?
Federal employees have several retirement savings benefits at their disposal. The author explains how these can work together to create a full retirement income.
