ATC FORMULA FULL
ATC FORMULA PLUS

The age reduction applies to both the Civil Service Retirement System and the Federal Employees Retirement System components of your annuity, if you transferred to FERS and part of your annuity is computed under the CSRS provision. If you postpone the beginning date of your annuity, the age reduction will be reduced or eliminated.However, your annuity will not be reduced if you complete at least 30 years of service, or if you complete at least 20 years of service and your annuity begins when you reach age 60.

ATC FORMULA FULL

If you have 10 or more years of service and retire at the Minimum Retirement Age (MRA), your benefit will be reduced by 5/12 of 1% for each full month (5% per year) that you were under age 62 on the date your annuity began.

2% of your high-3 average salary multiplied by your years of other service in excess of 10 yearsīack to Top Reductions in Non-Disability Annuity Age.

ATC FORMULA PLUS

1.75% of your high-3 average salary multiplied by your years of other service, which when added to your years of 2.5% service, do not exceed 10 years, PLUS.2.5% of your high-3 average salary 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 absence as a Member and up to 5 years of other military service, PLUS.If retired under the special provision for Members of Congress or Congressional Employees 2% of the remaining years of service times the high 3 average salary.2.5% of the years and months of CSRS law enforcement officer, firefighter or nuclear material courier service up to 20 years multiplied times the high-3 average salary.

If retired under the special provision for firefighters, law enforcement officers, or nuclear material couriers Under Age 62 at Separation for Retirement, OR–ġ.5% of your high-3 average salary for each year of serviceġ.75% of your high-3 average salary for each year of serviceĢ% of your high-3 average salary for each year of service (but not both-excludes service during which partial CSRS deductions were withheld) Transferred to the Federal Employees Retirement System (FERS)Īt time of transfer, had at least 5 years of creditable civilian service covered by either: 1% of your high-3 average salary multiplied by your years of other service.1.7% of your high-3 average salary multiplied by your years of service as a Member of Congress or Congressional Employee which do not exceed 20, PLUS.Member of Congress or Congressional Employee (or any combination of the two) must have at least 5 years of service as a Member of Congress and/or Congressional Employee 1% of your high-3 average salary multiplied by your service exceeding 20 years.1.7% of your high-3 average salary multiplied by your years of service which do not exceed 20, PLUS.Your benefit was computed differently, if you retired under one of the provisions below Special Provision for Air Traffic Controllers, Firefighters, Law Enforcement Officers, Capitol Police, Supreme Court Police, or Nuclear Materials Couriers Under Age 62 at Separation for Retirement, ORĪge 62 or Older With Less Than 20 Years of Serviceġ percent of your high-3 average salary for each year of serviceĪge 62 or Older at Separation With 20 or More Years of Serviceġ.1 percent of your high-3 average salary for each year of service Computation for Non-Disability Retirements FERS Basic Annuity Formula Age (If your total service was less than 3 years, your average salary was figured by averaging your basic pay during all of your periods of creditable Federal service). It does not include payments for overtime, bonuses, etc. It includes increases to your salary for which retirement deductions are withheld, such as shift rates. Your basic pay is the basic salary you earn for your position. These three years are usually your final three years of service, but can be an earlier period, if your basic pay was higher during that period. Your “high-3” average pay is the highest average basic pay you earned during any 3 consecutive years of service. To determine your length of service for computation, add all your periods of creditable service, then eliminate any fractional part of a month from the total. Your basic annuity is computed based on your length of service and “high-3” average salary. Computation for Non-Disability Retirements.Benefits Officers Center Toggle submenu.Skip Secondary Navigation In This Section

Atc formula