How to Calculate the FERS Basic Annuity

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1 percent of your high-3 average income for each year of service Computation of CSRS Part Duration, Solution First 5 years of CSRS service 1. 5% of your high-3 typical wage for each year of service Second 5 years of CSRS service 1. 75% of your high-3 typical income for each year of service All years of CSRS service over 10 2% of your high-3 typical wage for each year of service If retired under the special provision for firefighters, law enforcement officers, or nuclear material carriers 2.

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2% of the remaining years of service times the high 3 average wage. If retired under the special provision for Members of Congress or Congressional Worker 2. 5% of your high-3 average 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 absence as a Member and as much as 5 years of other military service, 1.

5% service, do not exceed ten years, 2% of your high-3 typical salary increased by your years of other service in excess of ten years Decreases in Non-Disability Annuity Age If you retire under the MRA +10 arrangement If you have 10 or more years of service and retire at the Minimum Retirement Age (MRA), your benefit will be lowered by 5/12 of 1% for each complete month (5% per year) that you were under age 62 on the date your annuity started.

If you postpone the beginning date of your annuity, the age decrease will be lowered or eliminated. The age decrease applies to both the Civil Service Retirement System and the Federal Employees Retirement System parts of your annuity, if you moved to FERS and part of your annuity is calculated under the CSRS arrangement.

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The reduction is 1/6 of 1% (2% each year) for every month that you are under age 55 at the time of retirement.  Additional Info  If you are wed, your benefit will be decreased for a survivor advantage, unless your partner granted your election of less than a complete survivor annuity.