Notes

Retirement Calculator - First Federal Credit Union

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<img class="featurable" style="max-height:300px;max-width:400px;" itemprop="image" src="https://plan-your-federal-retirement.com/wp-content/uploads/2020/12/PYFR14_image1.jpg" alt="What's The Real Value Of A TSP And FERS Annuity? - FedSmith.com"><span style="display:none" itemprop="caption">What Makes the Federal Employees Retirement System So Good?</span>
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<h1 style="clear:both" id="content-section-0">The Facts About Benefits - DEA.gov Uncovered<br></h1>
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<p class="p__0">Your fundamental annuity is calculated based on your length of service and "high-3" average wage. To determine your length of service for calculation, include all your periods of creditable service, then remove any fractional part of a month from the overall. High-3 Average Wage Your "high-3" average pay is the highest typical fundamental pay you earned throughout any 3 successive years of service.</p>
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<img class="featurable" style="max-height:300px;max-width:400px;" itemprop="image" src="https://www.psretirement.com/wp-content/uploads/2016/11/banner_1-300x250.jpg" alt="What's The Real Value Of A TSP And FERS Annuity? - FedSmith.com"><span style="display:none" itemprop="caption">Resources - Sound Retirement Planning</span>
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<img class="featurable" style="max-height:300px;max-width:400px;" itemprop="image" src="https://slideplayer.com/slide/5964769/20/images/8/NATIONAL+GUARD+RETIREMENT+CSRS%2FFERS+RETIREMENT+ESTIMATE.jpg" alt="Avoid These Federal Retirement Mistakes"><span style="display:none" itemprop="caption">FERSGUIDE 2020 - Regular FERS: Retirement Benefits Guide for Regular FERS: Jamison CPA, Dan: 9781711298153: Amazon.com: Books</span>
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<p class="p__1">Your standard pay is the standard wage you make for your position. It consists of boosts to your wage for which retirement deductions are withheld, such as shift rates. It does not consist of payments for overtime, perks, etc. (If FER Retirement Calculator was less than 3 years, your typical income was figured by averaging your standard pay throughout all of your periods of praiseworthy Federal service).</p>
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<p class="p__2">1 percent of your high-3 typical income for each year of service Your advantage was calculated differently, if you retired under one of the arrangements listed below Special Provision for Air Traffic Controllers, Firefighters, Law Enforcement Officers, Capitol Authorities, Supreme Court Police, or Nuclear Products Couriers 1. 7% of your high-3 typical wage multiplied by your years of service which do not go beyond 20, 1% of your high-3 typical wage increased by your service surpassing 20 years Member of Congress or Congressional Employee (or any combination of the two) must have at least 5 years of service as a Member of Congress and/or Congressional Staff Member 1.</p>
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<img width="491" src="https://www.ora.miami.edu/_assets/images/fringe-benefit-rate.jpg">
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<p class="p__3">1 percent of your high-3 typical salary for each year of service Calculation of CSRS Part Period, Formula First 5 years of CSRS service 1. 5% of your high-3 average salary for each year of service Second 5 years of CSRS service 1. 75% of your high-3 typical wage for each year of service All years of CSRS service over 10 2% of your high-3 typical income for each year of service If retired under the unique provision for firemens, law enforcement officers, or nuclear product carriers 2.</p>
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<h1 style="clear:both" id="content-section-1">Retirement Calculator - CSE Federal Credit Union Fundamentals Explained<br></h1>
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<p class="p__4">2% of the remaining years of service times the high 3 average income. If retired under the special arrangement for Members of Congress or Congressional Personnel 2. 5% of your high-3 typical salary multiplied by your years and months of service as a Member of Congress and/or Congressional Staff member, your military service while on a leave of lack as a Member and approximately 5 years of other military service, 1.</p>
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