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

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

   If you are age 62 or older at retirement or meet the age and service requirements for immediate voluntary retirement, the FERS basic calculation above applies. However, if you are under age 62 at ...

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. Standard Form 50 - Wikipedia

   en.wikipedia.org/wiki/Standard_Form_50

   The effective date (Block 4) is important for annuity purposes (as an employee nears retirement) as it is the beginning date used to calculate how long an employee has held a particular pay rate for "high-3" purposes under either of the retirement systems (FERS or CSRS).

6. 5 Best Dates To Retire in 2024 - AOL

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

   According to the Congressional Research Service, in 2022, 98% of civilian federal employees were enrolled in the Federal Employee Retirement System (FERS) of benefits, which covers employees hired ...

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

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

   A lot of retirees use annuities to simplify their income stream in retirement but that doesn't mean annuities are simple. Beyond choosing what kind of annuity to purchase – immediate vs ...