Atc medical staffing plus#

Transferred to the Federal Employees Retirement System (FERS)Īt time of transfer, had at least 5 years of creditable civilian service covered by either: 1% of your high-3 average salary multiplied by your years of other service.

Atc medical staffing plus#

1.7% of your high-3 average salary multiplied by your years of service as a Member of Congress or Congressional Employee which do not exceed 20, PLUS.Member of Congress or Congressional Employee (or any combination of the two) must have at least 5 years of service as a Member of Congress and/or Congressional Employee 1% of your high-3 average salary multiplied by your service exceeding 20 years.1.7% of your high-3 average salary multiplied by your years of service which do not exceed 20, PLUS.Your benefit was computed differently, if you retired under one of the provisions below Special Provision for Air Traffic Controllers, Firefighters, Law Enforcement Officers, Capitol Police, Supreme Court Police, or Nuclear Materials Couriers Under Age 62 at Separation for Retirement, ORĪge 62 or Older With Less Than 20 Years of Serviceġ percent of your high-3 average salary for each year of serviceĪge 62 or Older at Separation With 20 or More Years of Serviceġ.1 percent of your high-3 average salary for each year of service Computation for Non-Disability Retirements FERS Basic Annuity Formula Age (If your total service was less than 3 years, your average salary was figured by averaging your basic pay during all of your periods of creditable Federal service). It does not include payments for overtime, bonuses, etc. It includes increases to your salary for which retirement deductions are withheld, such as shift rates. Your basic pay is the basic salary you earn for your position. These three years are usually your final three years of service, but can be an earlier period, if your basic pay was higher during that period. Your “high-3” average pay is the highest average basic pay you earned during any 3 consecutive years of service.

To determine your length of service for computation, add all your periods of creditable service, then eliminate any fractional part of a month from the total.

Your basic annuity is computed based on your length of service and “high-3” average salary.

Benefits Officers Center Toggle submenu.