From: https://www.opm.gov/retirement-services/fers-information/computation/
FERS Basic Annuity Formula
Age | Formula |
---|---|
Under Age 62 at Separation for Retirement, OR Age 62 or Older With Less Than 20 Years of Service | 1 percent of your high-3 average salary for each year of service |
Age 62 or Older at Separation With 20 or More Years of Service | 1.1 percent of your high-3 average salary for each year of service |
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Neither the TSP Strategy group, nor individual members, are licensed or authorized to provide investment advice. Any statements made herein merely reflect the personal opinions of the individual group member. Please make your own investment decisions based upon your personal circumstances.
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