Your basic annuity is computed based on your length of service and "high-3" average income. To identify your length of service for computation, include all your durations of praiseworthy service, then remove any fractional part of a month from the total. High-3 Typical Income Your "high-3" average pay is the highest average basic pay you made throughout any 3 consecutive years of service.
Your basic pay is the basic wage you make for your position. It consists of boosts to your income for which retirement reductions are withheld, such as shift rates. https://fersretirementcalculator.com/how-does-medical-retirement-from-fers-work/ does not include payments for overtime, perks, and so on (If your overall service was less than 3 years, your average income was figured by averaging your basic pay during all of your durations of creditable Federal service).
1 percent of your high-3 typical wage for each year of service Your benefit was computed in a different way, if you retired under among the provisions below Special Arrangement for Air Traffic Controllers, Firefighters, Police Officers, Capitol Authorities, Supreme Court Police, or Nuclear Materials Couriers 1. 7% of your high-3 typical salary multiplied by your years of service which do not exceed 20, 1% of your high-3 average income multiplied by your service going beyond twenty years Member of Congress or Congressional Worker (or any mix of the two) need to have at least 5 years of service as a Member of Congress and/or Congressional Employee 1.
1 percent of your high-3 average salary for each year of service Computation of CSRS Element Duration, Solution First 5 years of CSRS service 1. 5% of your high-3 typical income for each year of service 2nd 5 years of CSRS service 1. 75% of your high-3 average income 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.
2% of the remaining years of service times the high 3 typical wage. If retired under the unique provision for Members of Congress or Congressional Worker 2. 5% of your high-3 average 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.