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FERS Retirement/Pension Calculator - Plan Your Federal

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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="Federal employees retirement system fers - FERS Retirement News"><span style="display:none" itemprop="caption">Federal Retirement: What Happens to Unused Annual and Sick Leave</span>
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<p class="p__0">Your standard annuity is calculated based upon your length of service and "high-3" average salary. To determine your length of service for calculation, add all your periods of reputable service, then get rid of any fractional part of a month from the total. High-3 Average Salary Your "high-3" typical pay is the highest average standard 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://hawsfederaladvisors.com/wp-content/uploads/2019/09/FERS-Pension-Calculation-Example-2.png" alt="What is the FERS Annuity and How Do I Compute Mine? - United Benefits"><span style="display:none" itemprop="caption">2020 COLA and Annuity Projection Calculator Update - Federal Employee's Retirement Planning Guide</span>
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<p class="p__1">Your basic pay is the fundamental salary you earn for your position. It includes increases to your income for which retirement reductions are withheld, such as shift rates. It does not consist of payments for overtime, bonuses, etc. (If This Is Cool was less than 3 years, your typical salary was figured by balancing your basic pay throughout all of your periods of reputable Federal service).</p>
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<p class="p__2">1 percent of your high-3 typical salary for each year of service Your advantage was computed differently, if you retired under among the provisions listed below Unique Provision for Air Traffic Controllers, Firefighters, Police Officers, Capitol Cops, Supreme Court Authorities, or Nuclear Products Couriers 1. 7% of your high-3 average salary increased by your years of service which do not go beyond 20, 1% of your high-3 typical wage multiplied by your service going beyond 20 years Member of Congress or Congressional Worker (or any mix of the 2) must have at least 5 years of service as a Member of Congress and/or Congressional Worker 1.</p>
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<p class="p__3">1 percent of your high-3 average income for each year of service Computation of CSRS Element Period, Solution First 5 years of CSRS service 1. 5% of your high-3 typical wage for each year of service 2nd 5 years of CSRS service 1. 75% of your high-3 average 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 special arrangement for firefighters, police officers, or nuclear product couriers 2.</p>
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<p class="p__4">2% of the remaining years of service times the high 3 typical salary. If retired under the special arrangement for Members of Congress or Congressional Employees 2. 5% of your high-3 typical salary increased by your years and months of service as a Member of Congress and/or Congressional Worker, your military service while on a leave of lack as a Member and as much as 5 years of other military service, 1.</p>
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Homepage: https://fersretirementcalculator.com/what-does-retire-fers-mean-on-les-mandatory/
     
 
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