FREE · 501(c)(3) NONPROFIT · EDUCATION ONLY

FERS retirement calculator: what will your federal pension pay?

For federal employees under FERS. Enter your birth year, retirement age, service and High-3. The calculator figures your retirement type, the 1% or 1.1% multiplier, any age reduction, the survivor-benefit cost and the FERS supplement until 62.

1 · You

Sets your Minimum Retirement Age (MRA).

2 · Your service and pay

Civilian FERS service plus any military service you bought back. Years and fractions (30.5 = 30 years 6 months).
Adds to the computation, not to eligibility. 2,087 hours = 1 year.
Your highest average basic pay over any 3 consecutive years. No overtime or bonuses.

3 · For the FERS supplement

From your statement at ssa.gov/myaccount.
The supplement has an earnings test ($24,480 in 2026).

Last updated September 29, 2026. Formula from 5 U.S.C. §8415 and OPM’s FERS computation guide.

A FERS pension is your High-3 salary × years of service × 1%, or 1.1% if you retire at 62 or later with at least 20 years. Example: a $100,000 High-3 and 30 years gives $30,000 a year ($2,500 a month) before the survivor-benefit cost. Retire before 62 on an MRA+30 or 60+20 retirement and you also get the FERS supplement until 62.

How is the FERS basic annuity calculated?

Three numbers: your High-3 (highest average basic pay over any three consecutive years), your creditable service (plus unused sick leave for the computation only), and the multiplier.

When you retireMultiplierReductionFERS supplement
Under 62, or 62+ with under 20 years1.0%None, except MRA+10Only on MRA+30 or 60+20
62 or older with 20+ years1.1%NoneNo (Social Security is available)
MRA with 10 to 29 years (MRA+10)1.0%5% per year under 62No

When can I retire under FERS?

Your Minimum Retirement Age (MRA) depends on the year you were born:

BornMRA
Before 194855
1948 to 195255 and 2 months, rising 2 months a year
1953 to 196456
1965 to 196956 and 2 months, rising 2 months a year
1970 or later57

What is the FERS supplement and how is it calculated?

The FERS annuity supplement (5 U.S.C. §8421) bridges the gap until you can claim Social Security. OPM estimates it as your Social Security benefit at 62 × your years of FERS civilian service ÷ 40. It stops at 62, and it is cut $1 for every $2 you earn from work above the Social Security earnings limit ($24,480 in 2026).

Worked example. Born 1970 (MRA 57), retiring at 57 with 30 years, High-3 $100,000, full survivor benefit, Social Security estimate at 62 of $2,000 a month.

Annuity: $100,000 × 30 × 1% = $30,000. Less 10% for the full survivor benefit = $27,000 a year ($2,250 a month).

Supplement: $2,000 × 30 ÷ 40 = $1,500 a month until 62, if you earn under $24,480 from work.

Monthly total until 62: $3,750.

How much does the survivor benefit cost?

A full survivor annuity (50% of your unreduced annuity to your spouse) costs 10% of your annuity; a partial one (25%) costs 5%. Electing less than full requires your spouse’s notarized consent. The election also decides whether your spouse can keep FEHB coverage after your death, which is often worth more than the payments.

Do FERS pensions get cost-of-living adjustments?

Not before 62 for regular FERS retirees (special-category retirees differ). From 62, FERS COLAs follow the “diet COLA” rule in 5 U.S.C. §8462: when CPI rises 2% to 3% you get 2%, and above 3% you get CPI minus 1%. For January 2026, Social Security rose 2.8% and FERS annuities rose 2.0%.

What else should I check before choosing a date?

Questions people ask

How do I calculate my FERS pension?

Multiply your High-3 average salary by your years of creditable service and by 1%. If you retire at 62 or older with at least 20 years, use 1.1%. Subtract 10% for a full survivor benefit or 5% for a partial one. An MRA+10 retirement is also reduced 5% for each year you are under 62.

What is the FERS supplement?

A monthly payment from your retirement until 62 for those who retire on an unreduced immediate annuity before 62 (MRA+30 or 60+20). It is approximately your Social Security benefit at 62 times your years of FERS civilian service divided by 40, and it is reduced $1 for every $2 of earned income above $24,480 in 2026.

What is my FERS minimum retirement age?

55 if born before 1948, rising 2 months a year to 56 for those born 1953 to 1964, then rising 2 months a year to 57 for those born in 1970 or later.

Does unused sick leave count toward my FERS pension?

Yes, for the computation: 2,087 hours adds a year. It does not count toward eligibility (you still need, for example, 30 real years for MRA+30), and it does not count for a deferred annuity.

How much is a FERS pension with 30 years of service?

30% of your High-3 at the 1% multiplier, or 33% at 1.1% if you are 62 or older. On a $100,000 High-3 that is $30,000 or $33,000 a year before the survivor-benefit reduction.

Sources

Every figure on this page and where it comes from. Checked September 29, 2026.

  1. 5 U.S.C. §8415 (computation of basic annuity): 1% and 1.1% multipliers; 5%-per-year reduction for MRA+10 under 62.
  2. 5 U.S.C. §8412 (immediate retirement): Age and service combinations; the MRA table in §8412(h).
  3. 5 U.S.C. §8421 (annuity supplement): The FERS supplement and its earnings test.
  4. 5 U.S.C. §8462 (cost-of-living adjustments): The FERS “diet COLA” rule and no COLA before 62 for regular retirees.
  5. OPM: FERS computation: OPM’s explanation of the High-3, multipliers and sick leave credit.
  6. OPM: FERS eligibility: MRA table and retirement types.
  7. OPM: FERS annuity supplement: How OPM describes the supplement, its end at 62 and the earnings test.
  8. SSA: 2026 cost-of-living adjustment fact sheet: 2.8% Social Security COLA and the $24,480 annual earnings limit used for the supplement.
  9. OPM: 2026 COLA for retirees: 2.0% FERS COLA for January 2026.

The Retirement Literacy Foundation is a 501(c)(3) public charity. This page is general education, not tax, legal or investment advice. Nothing is sold here.