FERS Retirement Calculator
Calculate federal FERS pension annuity from years of service and high-3 salary.
Annual Pension
$26,125.00
Monthly Pension
$2,177.08
% of High-3
27.5%
Pension Details
| Multiplier | 1.1% |
| Annual Pension (before survivor) | $26,125.00 |
| Annual Pension (after survivor) | $26,125.00 |
| Monthly Pension (after survivor) | $2,177.08 |
Pension with COLA (est. 2%/yr)
| Year 5 | $28,844.11 |
| Year 10 | $31,846.23 |
| Year 20 | $38,820.38 |
Use the FERS Retirement Calculator above to calculate your results. Enter your values and see instant results — all calculations run in your browser.
Disclaimer: This calculator is for informational purposes only and does not constitute tax, financial, or legal advice. Results are estimates based on the information you provide and current rates. Always consult a qualified tax professional or financial advisor for advice specific to your situation.
How It Works
Our FERS Retirement Calculator helps federal employees estimate their FERS pension annuity based on their years of service and high-3 average salary. Understanding your estimated annuity is crucial for effective retirement planning, allowing you to set financial goals and ensure a comfortable post-employment life. This calculator incorporates the 2026 FERS annuity rates and rules, providing accurate projections for those planning their retirement in the near future.
The FERS annuity is calculated using a specific formula: (High-3 Average Salary x Years of Service x Annuity Factor). The annuity factor is typically 1.0% for most FERS employees. However, if you retire at age 62 or later with at least 20 years of service, the annuity factor increases to 1.1%. This calculator automatically applies the correct factor based on your input to provide a precise estimate.
When using this calculator, remember that it provides an estimate; actual annuity payments can be affected by factors like survivor benefits, health insurance deductions, and tax withholdings. A common mistake is not accounting for these deductions, leading to an overestimation of take-home pay. Always consult with a financial advisor or OPM for personalized advice and the most accurate figures for your unique situation.
Example: FERS Pension Annuity Calculation for a 2026 Retirement
- 1 Let's consider Jane, a federal employee planning to retire in 2026. She has 30 years of creditable service and her high-3 average salary is $85,000. Jane will be 62 at the time of her retirement.
- 2 Since Jane is retiring at age 62 with 30 years of service (more than 20), the annuity factor of 1.1% applies. The calculation is: $85,000 (High-3 Salary) x 30 (Years of Service) x 1.1% (Annuity Factor).
- 3 Jane's estimated annual FERS pension annuity will be $28,050. This amount is before any deductions for survivor benefits, health insurance, or taxes.
- 4 This $28,050 annual annuity will be a significant component of Jane's retirement income, supplemented by her Thrift Savings Plan (TSP) and Social Security benefits. She can use this estimate to plan her budget and ensure her financial security in retirement.
Source: IRS · Last updated: April 2026
Frequently Asked Questions
How is the FERS pension calculated?
When can I retire under FERS?
Is the FERS pension adjusted for inflation?
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