Federal Employee Fers Retirement Calculator

Formatting only. This does not change the calculation.
The average annual basic pay over the plan’s averaging period — 36 months for FERS, CSRS and the military High-3 systems, the final month for military Final Pay.
Use decimals for part years, for example 30.5 for 30 years and 6 months.
FERS MRA+10 reduces the annuity by 5% for each year under 62; CSRS early retirement reduces by 2% for each year under 55.
Used only to report the FERS minimum retirement age from the OPM birth-year table.
Used only to estimate the FERS annuity supplement, which is payable before age 62.
Annuity payable to you
33,000.00
Pension Benefit Calculator
Total accrual (% of final average salary)
33.0000 %
Gross annual annuity
33,000.00
Age reduction applied
0.0000 %
Annuity after age reduction
33,000.00
Cost of the survivor election
0.00
Monthly annuity payable to you
2,750.00
Annual survivor annuity
0.00
Share of final average salary replaced
33.0000 %
Annuity after the projected COLAs
33,000.00
FERS minimum retirement age
57.0000
Worked out from US Office of Personnel Management, FERS Information - Computation and 3 other sources.
An estimate only. Your actual benefit is computed by the plan administrator from your official service history, high-3 or final compensation, deposits and redeposits, unused sick leave, part-time proration and court orders. Confirm every figure with the plan before making a retirement decision.

How this is worked out

5 steps
  1. Plan: FERS (Federal Employees Retirement System) regular. Accrual: 1.1% x 30 years (age 62 with 30 years qualifies for the enhanced rate).
  2. Total accrual = 33% of the 100000 final average salary = 33000 a year.
  3. No age reduction applies.
  4. No survivor annuity elected, so nothing is deducted.
  5. Monthly annuity = 33000 / 12 = 2750.

Results are general information, not financial, tax, legal, medical or engineering advice.