FERS Annuity Computation

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

COMPONENTS OF THE BASIC ANNUITY - FERS

Basic annuity benefits for firefighters and law enforcement officers are based primarily on:

  • The amount of creditable service; and
  • The individual's high-3 average salary.
REDUCTIONS IN ANNUITY - FERS

Election of (or court-ordered) survivor benefits for a current spouse and/or former spouse.

Election of a survivor benefit to a person with an insurable interest.

NOTE: The special benefits for law enforcement officers and firefighters are applicable only to employees who separate with entitlement to an immediate annuity under the special provisions. Consequently, MRA+10 and deferred retirement provisions only apply to special group employees who separate before meeting the age and service requirements for benefits under the special provisions.

Back to the Top

Revised 05/03/2002

 

Home  |  Feedback  |  Acceptable Use Policy  |  Disclaimer  |  Privacy Statement  |  Sponsors  | Site Map  | Text Only

Web Site Designed by:
Online Learning Team
DOI University, National Business Center

This site is best viewed in 800x600 resolution.