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FERS Retirement Calculator

Estimate your FERS annuity from your high-3 average salary, creditable service years, and retirement age. Applies the 1% multiplier, the 1.1% multiplier at age 62 with 20+ years, your minimum retirement age by birth year, and the MRA+10 early-retirement reduction — with every step of the math shown.

Works offline — your inputs never leave this device. How that works

Gross annual annuity$26,125
Gross monthly$2,177
Multiplier applied(age 62+ with 20+ years)1.1%
Deferred vs. postponed — the early-out distinction that changes everything

A postponed MRA+10 retirement means you met your MRA with 10+ years, left, and chose to delay the annuity's start date — shrinking or eliminating the age reduction, and letting you re-enroll in FEHB when payments begin. A deferred retirement means you left federal service before qualifying for an immediate annuity; the benefit starts at 62 (or 60 with 20 years), with no FEHB reinstatement.

The label OPM applies depends on your age and service at separation — confirm your situation with your HR office before making an early-out decision.

Verified 2026-07-30 against OPM — FERS computation, eligibility, creditable service & annuitant pamphlet (effective 2026-01-01)

Estimate only — not legal, financial, or benefits advice. Only OPM can determine your actual benefit.

Official source: OPM — FERS annuity computation

🎓 Understand this tool

What it is

An estimator for the FERS basic annuity — the pension part of federal retirement, separate from your TSP and Social Security. It shows the gross annual and monthly pension your high-3 salary, service years, and retirement age would produce under the standard formula.

How it works

FERS uses high-3 average salary × creditable years × 1% (or 1.1% if you retire at 62+ with 20+ years). Your minimum retirement age comes from the OPM birth-year table, and an MRA+10 retirement takes a permanent reduction of 5/12 of 1% per month you are under 62. The math here mirrors OPM's published computation rules.

Getting the most from it

  1. Enter your high-3 average salary — or open the High-3 calculator first if you are not sure.
  2. Enter total creditable service years, including bought-back military time and projected sick-leave credit.
  3. Pick the age you plan to retire and compare the retirement types the tool shows for that age.
  4. Open the step-by-step math panel and check which multiplier applied and whether a reduction hit.

Reading your result

The result is a gross annual pension before deductions — survivor benefit elections, taxes, and FEHB premiums all come out of it. Compare scenarios side by side (for example MRA+10 now versus waiting until 62) rather than treating one number as your plan.

What it can't tell you

This is an educational estimate from the standard formula. It cannot see your official service record, part-time proration, special-category service, or court orders. Only OPM's adjudication at retirement determines your actual annuity.

Frequently asked questions

The basic FERS annuity is your high-3 average salary × years of creditable service × 1%. If you retire at age 62 or later with at least 20 years of service, the multiplier rises to 1.1%. OPM makes the official computation at retirement.

Part of: Federal Employee Retirement: The Complete Money Guide

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