Calculating Your High Three Salary
Does OPM base the CSRS retirement calculation on an employee’s high-three annual BASE PAY or LOCALITY PAY when determining the annual retirement payment?
FERS
Stay informed on the latest FERS retirement news, including updates on FERS annuity calculations, retirement eligibility rules, service credit, COLA adjustments, and federal retirement policies that affect current and future retirees. Find clear explanations of FERS benefits, survivor options, the FERS supplement, and key guidance to help federal employees understand how their retirement income is calculated and how policy changes may impact long‑term financial security.
Postponing Retirement Under FERS
If I elect a postponed retirement to age 62, will I receive an increased annuity?
Was the FERS Special Supplement Terminated?
I thought the FERS special retirement supplement was terminated in the FY14 Budget – has it been reinstated?
What Every Federal Employee’s Financial Planner Should Know About Federal Retirement and Benefits
Federal employees have some unique features to their financial lives, so financial advisors should know about them.
Is Military Time Creditable Towards the FERS Multiplier?
Does 3 years of Military Time that was “bought back”along with 17 years of civilian Federal Service count toward 20 years of creditable service making one eligible for a FERS 1.1% multiplier if that person retires after age 62?
How Do You Calculate Your Social Security Supplement?
How do you calculate your social security supplement?
Your Minimum Retirement Age and How it Will Impact Your Federal Employee Annuity
Under the Federal Employee Retirement System, there is an option for a federal employee to retire at the minimum retirement age with as little as 10 years of service. This option is commonly referred to as MRA+10, but OPM has another name which is equally descriptive: reduced.
Can the FERS Supplement for a Spouse be Lost?
If an employee remains retired but the spouse works and makes more than 15k, does the FERS supplement drop out?
What is the Special Retirement Supplement and Why Is it Important?
The Special Retirement Supplement (SRS) is not paid by the Social Security Administration. It is paid by the Office of Personnel Management. This article provides a simplified example of how the SRS is calculated.
Am I Legal?
Am I legal? I am wondering about this because of what was stated in your article, Retired Reservists Can Legally “Double Dip”.
