What if I have a CSRS component to my annuity?
In that case, the benefit would be a combination of creditable time under FERS, calculated under the applicable FERS formula, and the benefit associated with the creditable time under CSRS, calculated according to the standard CSRS formula. That is 1.5 percent of the high-3 average pay and multiply the result by five years of service; plus 1.75 percent of the high-3 average pay multiplied by all years and full months (with months credited proportionately) of service over five and up to 10; plus 2 percent of the high-3 average pay multiplied by all years and full months (with months credited proportionately) of service over 10 years.

Free E-Newsletter

FederalDAILY

I agree to this site's Privacy Policy.

Stay Connected

Latest Forum Posts

Ask the Expert

Have a question regarding your federal employee benefits or retirement?

Submit a question