CSRS Annuity Computation

Computing Creditable Service | Components of Basic Annuity | Computing Length of Service Periods  | Employees with a CSRS Annuity Component | Sample of Annuity Computation

SAMPLE ANNUITY COMPUTATIONS - CSRS

Employee A.
  1. CSRS retirement system
  2. Full time schedule
  3. Age 51
26 years 6 months

Work history:

  • 20 years 6 months covered firefighter service, (includes 3 years for which a refund of retirement contributions was received)*
  • 4 years military service
  • 2 years non-fire service

Total service for annuity:
(Before Reduction)

High three average salary $28,000

Basic Annuity:

 

2.5% x $28,000 =

$700 x 20 = $14,000

2% x $28,000 =

$560 x 6.5 = $ 3,640

$17,640

Quick Formula:

$28,000 x .63 =

$17,640

*Break in service occurred before 10-1-82

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Revised 05/03/2002

 

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