Click here to skip navigation
This website uses features which update page content based on user actions. If you are using assistive technology to view web content, please ensure your settings allow for the page content to update after initial load (this is sometimes called "forms mode"). Additionally, if you are using assistive technology and would like to be notified of items via alert boxes, please follow this link to enable alert boxes for your session profile.
An official website of the United States Government.

Retirement FAQs

General

  • CSRS stands for the Civil Service Retirement System. CSRS was created in 1920 and was the only retirement plan for most Federal civilian employees until 1984. CSRS is a defined benefit retirement plan that provides retirement, disability, and survivor benefits. Agencies deduct a set percentage of your basic pay (7% for most employees) and contribute a matching amount to CSRS. The basic annuity is computed based on your length of service and the highest average basic pay you earned during any 3 consecutive years of service (know as the "high-3" average pay). For most employees, the CSRS basic benefit is computed by adding:
    • 1% of your high-3 average pay times service up to 5 years, plus
    • 1% of your high-3 average pay times years of service over 5 and up to 10, plus
    • 2% of your high-3 average pay times years of service over 20.
    How well did this answer your question? Submit
    Submitting rating...
    Thank you for your feedback!
    An error occurred while trying to submit your feedback.
    Please try again later.
  • No. Makeup contributions may only be made by payroll deductions from basic pay. Contributions by check, money order, cash, or other forms of payment directly from the participant to the TSP, or from the participant to the employing agency for deposit to the TSP, are not permitted.
    How well did this answer your question? Submit
    Submitting rating...
    Thank you for your feedback!
    An error occurred while trying to submit your feedback.
    Please try again later.


Total Count: 62, Number of Pages: 5, Page: 5
Control Panel