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For purposes of the Federal Ballpark E$timate, we calculate an average lifetime replacement rate. What this means is that the FBE will take the number of years you expect to live in retirement and average the replacement rate during that time.
Make the most of your federal retirement. Request your Retirement Roadmap today. *The Retirement Roadmap is available at no cost to current federal employees. MyFEDBenefits is a free resource for all federal employees to help them understand their unique beneifts package.
Includes projected Federal annuity and Thrift Savings Plan benefits to help you quickly identify approximately how much you need to save to fund a comfortable retirement.
Computation. Your basic annuity is computed based on your length of service and “high-3” average salary. To determine your length of service for computation, add all your periods of creditable service, then eliminate any fractional part of a month from the total.
The Federal Ballpark E$timate® calculator was developed by the American Savings Education Council for employees covered by CSRS, CSRS offset, and FERS. See if you’re on track for a comfortable retirement.
The Office of Personnel Management has updated it's online calculator that projects annuity for FERS, CSRS and Thrift Savings Plan benefits to help federal employees.
As federal employees approach retirement eligibility, the FERS calculator delivers more precise estimates based on actual career details to date. Inputting real salaries and accrued years of service provides the most accurate picture of expected pension income.