Tools05 of 09

FERS Pension Calculator

How much will your FERS pension pay a month? Your high-3 salary, times your years of service, times 1%. At 62 with 20 years, 1.1%.

Your high-3 salaryThe average of your highest three years of pay.
Your age when you retire

At 1%: $1,979 a month. Retire at 62 instead with these years and the rate becomes 1.1%: $2,177 a month.

Your years of service

A month, by years of service

$500$1,000$1,500$2,000$2,500$3,000$3,500510152025303540years of serviceyou, $1,979

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What this tool does and does not do

What this shows

Your basic FERS pension a month from your high-3 salary and years of service, and the 1.1 percent rate at 62 with 20 years.

What it does not do

The basic pension only, before any survivor choice, supplement, cost-of-living raise, deposit owed or tax. It saves nothing you enter.

These figures restate what you entered. They are not a projection, a recommendation, or a plan. A hypothetical illustration does not reflect the experience of any actual client. Nothing you enter is saved.

· The Heard First Session

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For those within five years of retirement or already there, with $1 million or more set aside. No cost. No obligation.