Notes

Lifetime Income Calculator - U.SDepartment of Labor

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<h1 style="clear:both" id="content-section-0">Our Retirement Calculator - Home Federal Bank Diaries<br></h1>
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<p class="p__0">Your standard annuity is computed based on your length of service and "high-3" average salary. To identify your length of service for computation, include all your periods of praiseworthy service, then get rid of any fractional part of a month from the total. High-3 Typical Salary Your "high-3" typical pay is the highest average basic pay you made during 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://governmentworkerfi.com/wp-content/uploads/2021/03/deferred-retirement-money.png" alt="Civilian Federal Retirement: Current Law, Recent Changes, and Reform Proposals - EveryCRSReport.com"><span style="display:none" itemprop="caption">CSRS &amp; FERS Retirement Calculator - Federal Government Retirement Calculator</span>
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<img class="featurable" style="max-height:300px;max-width:400px;" itemprop="image" src="https://www.federalretirement.net/Site/images/thinking%20about%20retirement%20160x400%20w%20border.jpg" alt="How to Calculate the Basic FERS Pension Benefit: fednews"><span style="display:none" itemprop="caption">How to Calculate Your High 3 Salary - Plan Your Federal Retirement</span>
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<p class="p__1">Your fundamental pay is the fundamental salary you make for your position. It includes boosts to your salary for which retirement reductions are withheld, such as shift rates. You Can Try This Source does not include payments for overtime, rewards, etc. (If your total service was less than 3 years, your average salary was figured by averaging your basic pay throughout all of your durations of praiseworthy Federal service).</p>
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<p class="p__2">1 percent of your high-3 average wage for each year of service Your advantage was computed differently, if you retired under one of the provisions below Unique Arrangement for Air Traffic Controllers, Firefighters, Law Enforcement Officers, Capitol Authorities, Supreme Court Authorities, or Nuclear Products Couriers 1. 7% of your high-3 typical wage increased by your years of service which do not exceed 20, 1% of your high-3 average wage increased by your service exceeding 20 years Member of Congress or Congressional Worker (or any mix of the two) must have at least 5 years of service as a Member of Congress and/or Congressional Employee 1.</p>
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<p class="p__3">1 percent of your high-3 average wage for each year of service Calculation of CSRS Element Period, Formula First 5 years of CSRS service 1. 5% of your high-3 typical salary for each year of service 2nd 5 years of CSRS service 1. 75% of your high-3 typical salary for each year of service All years of CSRS service over 10 2% of your high-3 average wage for each year of service If retired under the unique arrangement for firemens, police officers, or nuclear material couriers 2.</p>
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<h1 style="clear:both" id="content-section-1">About Retirement - Homeland Security<br></h1>
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<p class="p__4">2% of the staying years of service times the high 3 typical wage. If retired under the special provision for Members of Congress or Congressional Personnel 2. 5% of your high-3 typical income multiplied by your years and months of service as a Member of Congress and/or Congressional Employee, 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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Website: https://fersretirementcalculator.com/how-is-annual-leave-calculated-for-fers-retirement-3/