Pension Calculator
High-3 average salary
usd
The highest average basic pay over any three consecutive years — usually the last three.
Years of creditable service
years
Age when the annuity begins
years
Multiplier per year
percent
FERS pays 1%, or 1.1% at 62 with 20+ years. State and corporate plans commonly use 1.5% to 2.5%.
Annual cost-of-living increase
percent
Survivor benefit taken
None
50% to a survivor (costs 10%)
25% to a survivor (costs 5%)
Annual pension
$21,375
Show the work
Pension Calculator
by Rule Calculator