C.F.R. » Title 5 » CHAPTER I—OFFICE OF PERSONNEL MANAGEMENT › SUBCHAPTER B—CIVIL SERVICE REGULATIONS › PART 842—FEDERAL EMPLOYEES RETIREMENT SYSTEM—BASIC ANNUITY › Subpart D—Computations

5 C.F.R. § 842.403

Computation of basic annuity

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(a) Except as provided in paragraph (b) of this section and §§ 842.405 and 842.406, the annuity of an employee or Member is 1 percent of average pay multiplied by total service.

(b) The annuity of an employee is 1.1 percent of average pay multiplied by total service, provided the individual—

(1) Has completed 20 years of service; and

(2) At the time of separation on which entitlement to an annuity is based—

(i) Is at least age 62; and

(ii) Is not a customs and border protection officer, a Member, Congressional employee, military reserve technician, law enforcement officer, firefighter, nuclear materials courier, or air traffic controller.

[52 FR 4475, Feb. 11, 1987, as amended at 76 FR 42000, July 18, 2011]
Notes of Decisions
Cited in 2 cases (1 in the last 5 years), 2015–2024 · leading case: Joyce L. Hatch v. Off. of Pers. Mgmt. (MSPB 2015).
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Joyce L. Hatch v. Off. of Pers. Mgmt. (MSPB 2015). · cites it 2× “at 24-25 ; see 5 C.F.R. §§ 842.403 (computation of a basic annuity); 844.”
James Walker v. Off. of Pers. Mgmt. (MSPB 2024). “The applicable regulation, which addresses the computation of an annuity under FERS, is 5 C.F.R. § 842.403 . This regulation tracks the statutory language for determining a FERS annuity discussed above.”
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