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High-3

Federal Employees Need to Know This Number Before Retiring

September 19, 2022 4:24 PM Tags High-3 Leave a comment

Do you know your high-3 and how to calculate it? Here is an overview of this important number for federal employees.

15 Weeks? New EPL Benefit May Impact Your Federal Retirement Date

FedSmith.com author Ralph R. SmithBy Ralph R. SmithApril 30, 2021 11:37 AM Categories Federal Employee Retirement Leave a comment
Old style alarm clock, stacks of coins and a calculator pictured in front of a desktop paper calendar with the date 15 circled on it

What is EPL, and will it impact your “high-3” and your retirement date?

Rewarding High Performers and Chopping Benefits

FedSmith.com author Ralph R. SmithBy Ralph R. SmithFebruary 20, 2020 1:42 PM Categories Federal Employee Pay News, Human Resources Leave a comment
Money flying away

OPM has released its proposed legislative changes impacting pay and benefits for the federal workforce. Here is a summary.

2021 Budget Proposal Would Eliminate FERS COLA, SRS

FedSmith.com author Ian SmithBy Ian SmithFebruary 10, 2020 1:30 PM Categories Federal Employee Retirement Leave a comment
Scissors cutting two $100 bills in half against a solid white background

A number of reductions to federal employees’ retirement benefits have been proposed in the President’s 2021 Budget.

What Impact Does the High-3 Have on Your FERS Annuity?

FedSmith.com author Brandon ChristyBy Brandon ChristyNovember 5, 2019 11:35 AM Categories Federal Employee Retirement Leave a comment
Words 'retirement plan' written at the top of a small notepad sitting on a wooden surface next to a pen and calculator

Do you know how to estimate your high-3 for calculating your FERS annuity? This tool can help.

Details Revealed on Proposed Benefits Cuts

FedSmith.com author Ian SmithBy Ian SmithMarch 18, 2019 1:19 PM Categories Federal Employee Pay News, Federal Employee Retirement Leave a comment
Vertical stacks of coins that get smaller as they go from left to right with the letters 'pension' sitting on top of the stacks depicting a shrinking pension or annuity/benefits cuts

More details have been revealed about the suggested cuts to federal employees’ benefits along with the rationale for the proposals.

The Effects of a Lack of a Pay Raise

By Micah PorterDecember 14, 2018 1:37 PM Categories Federal Employee Pay News Leave a comment
Pair of scissors cutting a stack of dollar bills against a solid white background depicting a pay cut or pay freeze

How does the lack of a pay raise factor into inflation, and what is the overall impact on your FERS annuity and Social Security benefits?

The High-Five Average Salary

By Robert F. BensonAugust 16, 2018 3:25 PM Categories Federal Employee Pay News Leave a comment
Coins in a jar labeled 'retirement' depicting saving for retirement

There has been discussion in Congress of switching annuity calculations to a high 5 average salary. What is the potential impact on a federal employee’s annuity?

How Can Federal Employees Plan for a Secure Retirement Despite Proposals to Cut Their Benefits?

By Brian KuhnJune 26, 2018 1:21 PM Categories Federal Employee Pay News Leave a comment
News headline reading 'Is your retirement at risk?' with dice and stock market charts

Recent proposals suggest cutting federal employees’ retirement benefits. How much of an impact would these have if you look at some of the actual numbers?

Retire at Age 61?

By Robert F. BensonMay 14, 2018 3:19 PM Categories Federal Employee Retirement Leave a comment
Directional sign next to a road with one part labeled 'work' pointing in one direction and another part labeled 'retire' pointing in the opposite direction

What impact can waiting an extra year to retire have on a FERS annuity? The difference might surprise you.

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February 3, 2023

Fund Last % YTD
G Fund $17.2988 +0.01% +0.37%
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Get detailed TSP data at TSPDataCenter.com

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