This table shows the value of FERS defined benefits only. The value of Thrift
Savings Plan and Social Security benefits are not shown. Since the FERS defined
benefit is at a lower accrual rate and because it is one of three parts of retirement,
the actual amount of the defined benefit is a less significant part of retirement
for a FERS retiree than the CSRS defined benefit is for a CSRS retiree.
|
Years of Service |
Percentage of Average Basic Pay |
Percentage of Average Basic Pay Under the |
|---|---|---|
|
20 |
20.00% |
34.00% |
|
21 |
21.00% |
35.00% |
|
22 |
22.00% |
36.00% |
|
23 |
23.00% |
37.00% |
|
24 |
24.00% |
38.00% |
|
25 |
25.00% |
39.00% |
|
26 |
26.00% |
40.00% |
|
27 |
27.00% |
41.00% |
|
28 |
28.00% |
42.00% |
|
29 |
29.00% |
43.00% |
|
30 |
30.00% |
44.00% |
|
31 |
31.00% |
45.00% |
|
32 |
32.00% |
46.00% |
|
33 |
33.00% |
47.00% |
|
34 |
34.00% |
48.00% |
|
35 |
35.00% |
49.00% |
|
36 |
36.00% |
50.00% |
|
37 |
37.00% |
51.00% |
|
38 |
38.00% |
52.00% |
|
39 |
39.00% |
53.00% |
|
40 |
40.00% |
54.00% |
|
41 |
41.00% |
55.00% |
|
42 |
42.00% |
56.00% |
|
43 |
43.00% |
57.00% |
|
44 |
44.00% |
58.00% |
|
45 |
45.00% |
59.00% |