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  2. How to Calculate Your High-3 for Federal Retirement - AOL

    www.aol.com/calculate-high-3-federal-retirement...

    Continue reading → The post How to Calculate Your High-3 for Federal Retirement appeared first on SmartAsset Blog. ... 1.75% of your high-3 average salary for each year of service.

  3. Congressional pension - Wikipedia

    en.wikipedia.org/wiki/Congressional_pension

    The accrual rate is 1.7% for the first 20 years and 1.0% for each year beyond the 20th. The basic retirement annuity under FERS is equal to the (Average High-3 Salary x .017 x Years of Service through 20 years)+(High-3 Salary x .01 x Years of Service over 20)= Annual Pension Members who began congressional service before 1984 and who elected to ...

  4. Federal Employees Retirement System - Wikipedia

    en.wikipedia.org/wiki/Federal_Employees...

    Most new federal employees hired on or after January 1, 1987, are automatically covered under FERS. Those newly hired and certain employees rehired between January 1, 1984, and December 31, 1986, were automatically converted to coverage under FERS on January 1, 1987; the portion of time under the old system is referred to as "CSRS Offset" and only that portion falls under the CSRS rules.

  5. Public employee pension plans in the United States - Wikipedia

    en.wikipedia.org/wiki/Public_employee_pension...

    Federal Employees Retirement System - covers approximately 2.44 million full-time civilian employees (as of Dec 2005). [2]Retired pay for U.S. Armed Forces retirees is, strictly speaking, not a pension but instead is a form of retainer pay. U.S. military retirees do not vest into a retirement system while they are on active duty; eligibility for non-disability retired pay is solely based upon ...

  6. The Federal Government May Match Your Retirement ... - AOL

    www.aol.com/finance/federal-government-match...

    A major change coming in 2027 could boost the retirement savings of millions of lower- and middle-income Americans. The federal government will start matching 50% of retirement account ...

  7. How much can you earn while on Social Security? - AOL

    www.aol.com/finance/income-while-on-social...

    However, if you signed up for Social Security benefits the year you reached FRA and had that same $70,000 salary, you would not reach your annual limit on a $70,000 salary — unless you had a ...

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