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

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

   Computation of the FERS component. ... You may elect to receive a lump-sum payment equal to your retirement contributions plus a reduced monthly annuity under certain conditions. This ...

3. Federal Employees Retirement System - Wikipedia

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

   The FERS annuity is based on a specified percentage (either 1% or 1.1% for most employees, see below), multiplied by (a) the length of an employee's Federal service eligible for FERS retirement (referred to as "creditable Federal service", which may not be the actual duration of Federal employment) and (b) the average annual rate of basic pay ...

4. Congressional pension - Wikipedia

   en.wikipedia.org/wiki/Congressional_pension

   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 join FERS will receive credit under FERS from January 1, 1984, forward.

5. 5 Best Dates To Retire in 2024 - AOL

   www.aol.com/finance/5-best-dates-retire-2024...

   Your first FERS annuity check then will be sent to you on the first day of the following month after retirement. For example, if you’re in the enviable position of retiring at the end of the ...

6. 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 ...

7. Is It Better to Take Annuity Payments Monthly or Once ... - AOL

   www.aol.com/finance/better-annuity-payments...

   If the annuity payments are monthly, the survivor will miss out on any remaining payments for that year starting in the month after the beneficiary dies. If, however, the payments are made ...