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our 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.

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12y ago

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Where can I find an FERS retirement calculator?

You can find an FERS retirement calculator at the following sites I found for you to look at. Here are the sites you can look at www.fedcalc.com/fers.jsp ,www.fedcalc.com/


What is a fers retirement calculator?

The FERS retirment calculator is the "Federal Employees Retirement System Calculator". Presumably, it is used to calculate the projected retirement date for federal employees.


What exactly is a "fers retirement calculator"?

FERS may stand for Federal Employee Retirement System. The FERS retirement calculator is a tool to estimate the annuity that the government will provide at retirement for a federal employee.


Is there a free fers retirement calculator online?

There is not a free fers retirement calculator online. You will have to consult an accountant or financial advisor if you do not want to do the calculations yourself.


Why would someone use a fers retirement calculator?

A FERS retirement calculator would be used by those who have worked within the U.S. federal civilian employees. FERS stands for Federal Employee Retirement System.


Could you inform me about FERS retirement calculators?

FERS - Federal Employees Retirement System calculator is a calculator that allows you to be actively involved in your retirement planning. It allows you to input your information and shows you what you may expect to receive as retirement pay and lets you know when and how many hours are needed to retire.


Will the Fers retirement calculator show me how much money I should invest?

In order to find out how much money that you need to invest in retirement so you can have a good sized amount saved, you must actually attempt to do the math yourself, ask a financial advisor, or actually try to use the Fers retirement calculator.


How can the fers retirement calculator help me?

The FERS retirement calculator helps those who work for the government determine whether the amount of money they are currently saving will allow them to retire when they wish to. It lets you know whether you should increase your savings or not.


When was Mohamed El-Fers born?

Mohamed El-Fers was born in 1950.


Where can I find a federal retirement calculator?

Depending on whether you were employed under FERS or CSRS along with length of employment, unused sick time, taxability as well as other factors all play into how you calculate your federal retirement. The best tools are found at http://federalretirement.net/annuity.htm


What is the difference between the Thrift Savings Plan and FERS?

FERS is a retirement system that includes both a small defined benefit plan and a defined contribution plan. The Thrift Savings Plan is the defined contribution plan used in FERS.


What does FERS cumulative retirement mean on your leave and earning statement?

FERS cumulative retirement on your leave and earning statement refers to the amount of money you have contributed to your Federal Employees Retirement System (FERS) account over time. This cumulative amount is the total of all your contributions towards your retirement savings while being a participant in the FERS program.