Federal Annuity Calculation for LEOs and Firefighters

CSRS/CSRS Offset – LEOs and Firefighters

The basic annuity as an employee eligible to retire under the special provisions for law enforcement officers and firefighters is computed as follows:

  • 50% of high-3
  • plus 2% of high-3 multiplied by years and whole months of service exceeding 20.

Premium pay received as a firefighter or law enforcement officer under section 5545(c), or availability pay under section 5545(a), of Title 5, U.S. Code, is included in the high-3 average salary.

Unlike most other federal employees, there is no reduction in the basic annuity for retirement under age 55. However, the annuity amount may be reduced to provide survivor benefits, or if there is service for which a refund was received or that was not covered by retirement deductions.

FERS Annuity – LEOs and Firefighters

Under FERS, the annual annuity of law enforcement officers and firefighters is computed under the following formula:

  • 1.7% of high-3 average pay multiplied by 20 years of service
  • plus 1% of high-3 average pay multiplied by any years of service above 20.

Regardless of an employee’s age at retirement, there will be no reduction in annuity. Also, a Special Retirement Supplement will be paid until age 62 that approximates the Social Security benefit earned in federal service. After reaching the MRA, the supplement will be reduced or stopped if the retiree has earnings from wages or self-employment that exceed the annual exempt amount under the Social Security earnings test.

Answers
Views
Question
0
answers
14
views
Category: Retirement
1
answer
167
views
updated 2 weeks ago
Category: Retirement
1
answer
125
views
updated 2 weeks ago
Category: Retirement
1
answer
104
views
updated 23 hours ago
Category: Retirement
1
answer
198
views
updated 3 weeks ago
Category: Retirement
1
answer
237
views
updated 1 month ago
Category: Retirement
1
answer
167
views
updated 1 month ago
Category: Retirement
1
answer
153
views
updated 3 months ago
Category: Retirement
0
answers
91
views
Category: Retirement
1
answer
250
views
updated 3 months ago
Category: Retirement
1
answer
431
views
updated 3 months ago
Category: Retirement
1
answer
592
views
updated 4 months ago
Category: Retirement
4
answers
91
views
updated 4 months ago
Category: Retirement
1
answer
122
views
updated 4 months ago
Category: Retirement
2
answers
265
views
updated 5 months ago
Category: Retirement
2
answers
256
views
updated 5 months ago
Category: Retirement
1
answer
801
views
updated 5 months ago
Category: Retirement
12
answers
621
views
updated 5 months ago
Category: Retirement
1
answer
287
views
updated 5 months ago
Category: Retirement
4
answers
933
views
updated 5 months ago
Category: Retirement
1
answer
144
views
updated 6 months ago
Category: Retirement
2
answers
179
views
updated 4 months ago
Category: Retirement
1
answer
1713
views
updated 6 months ago
Category: Retirement
1
answer
1262
views
updated 6 months ago
Category: Retirement
2
answers
1184
views
updated 6 months ago
Category: Retirement
2
answers
470
views
updated 7 months ago
Category: Retirement
7
answers
341
views
updated 4 months ago
Category: Retirement
1
answer
313
views
updated 7 months ago
Category: Retirement
2
answers
323
views
updated 8 months ago
Category: Retirement
1
answer
357
views
updated 8 months ago
Category: Retirement
1
answer
751
views
updated 8 months ago
Category: Retirement
1
answer
315
views
updated 8 months ago
Category: Retirement
1
answer
151
views
updated 9 months ago
Category: Retirement
1
answer
152
views
updated 9 months ago
Category: Retirement
1
answer
646
views
updated 9 months ago
Category: Retirement
1
answer
333
views
updated 9 months ago
Category: Retirement
1
answer
1737
views
updated 10 months ago
Category: Retirement
1
answer
991
views
updated 10 months ago
Category: Retirement
1
answer
318
views
updated 10 months ago
Category: Retirement
2
answers
88
views
updated 10 months ago
Category: Retirement
1
answer
178
views
updated 10 months ago
Category: Retirement
1
answer
349
views
updated 10 months ago
Category: Retirement
8
answers
2580
views
updated 3 weeks ago
Category: Retirement
1
answer
185
views
updated 1 year ago
Category: Retirement
2
answers
230
views
updated 1 year ago
Category: Retirement
1
answer
160
views
updated 1 year ago
Category: Retirement
1
answer
174
views
updated 1 year ago
Category: Retirement
1
answer
1294
views
updated 1 year ago
Category: Retirement