1. What is the Federal Service Retirement Calculator 2025?

Definition: This calculator estimates the annual pension for Federal Employees Retirement System (FERS) participants based on years of service and high-3 average salary.

Purpose: It helps federal employees plan for retirement by providing an estimate of their FERS pension benefits.

2. How Does the Calculator Work?

The calculator uses the standard FERS formula:

Where:

• \( Pension \) — Annual retirement benefit ($)
• \( Y \) — Years of creditable service
• \( H3 \) — High-3 average salary ($)

Note: For those retiring at age 62 or later with 20+ years of service, the multiplier increases to 1.1%.

3. Importance of FERS Pension Calculation

Details: Understanding your potential FERS pension helps with retirement planning, budgeting, and determining when you can afford to retire.

4. Using the Calculator

Tips: Enter your total years of federal service and your high-3 average salary (average of your highest 3 consecutive years of pay). All values must be > 0.

5. Frequently Asked Questions (FAQ)

Q1: What counts as creditable service?
A: Most federal employment counts, including part-time (prorated), military buyback time, and certain other government service.

Q2: How is the high-3 average calculated?
A: It's the average of your highest 36 consecutive months of basic pay (usually your last 3 years).

Q3: Are there different multipliers?
A: Yes, the standard is 1%, but it's 1.1% if you retire at 62+ with 20+ years of service.

Q4: Does this include FERS Supplement or TSP?
A: No, this calculates only the FERS basic pension. The Special Retirement Supplement and TSP are separate.

Q5: How accurate is this estimate?
A: This provides a basic estimate. Your actual benefit may vary based on specific circumstances and future adjustments.