FERS & CSRS

The federal pension, decoded.

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New to FERS? Read these first.

Your pension

Your pension

Article · 10 min · New

The Average Federal Pension: What FERS Actually Pays (2026)

The ~$2,126/month average FERS annuity, the 1%/1.1% formula, why it's smaller than CSRS, and the three-legged stool — with an annuity estimator.

Article · 15 min

How the FERS Pension Is Calculated: The 2026 Federal Employee Guide

The full FERS pension formula — high-3, multipliers, special-category rules, sick leave conversion, and the 1.1% multiplier upgrade at 62/20. With a working pension estimator.

Article · 11 min

Maximizing Your High-3: The Lever That Sets Your FERS Pension (2026)

Your high-3 multiplies across every year of service, so small gains compound. What counts, the maximizing playbook, the 1.1% multiplier, and a calculator.

Article · 15 min

The FERS Annuity Supplement: The Complete 2026 Guide

The supplement bridges the gap from MRA to age 62 — and the OPM-vs-SSA estimate gap costs many retirees money they don’t know is missing. Includes a working supplement calculator.

Article · 12 min · New

FERS & CSRS COLAs Explained: The Diet COLA and Age-62 Wall (2026)

Why two identical retirees drift apart: the FERS age-62 wall, the diet-COLA cap, full CSRS adjustments, and why the supplement gets none — with a gap projector.

Deep-dive · 10 min

Part-Time Federal Service and the Pension Proration Trap

Part-time years count in full for eligibility, and your high-3 stays full-time — but a career-wide proration factor scales the whole annuity. How it works, plus a calculator.

Retiring: timing & filing

Retiring: timing & filing

Article · 15 min

The Federal Retirement Application: How to Actually File

The SF-3107 family, the new ORA digital system, the realistic six-month timeline, and the mistakes that delay everyone else’s case. With a timeline estimator.

Article · 15 min · New

December vs January: The Federal Retirement Date Decision

The date worth $3,000+. Pension start, annual leave lump-sum, COLA proration, and the tax-year split — with a five-step decision tree for finding your optimal separation date.

Article · 10 min · New

The Worst Days to Retire from Federal Service

The FERS 1st-of-month rule, the CSRS 3-day rule, the leave-year trap, and best 2026 dates — with a best-date payoff estimator showing what your date is worth.

Article · 10 min · New

Your Annual Leave Lump-Sum Payout at Federal Retirement (2026)

How your unused annual leave converts to cash: up to ~448 hours, projected forward to capture a January raise, taxed at 22% — plus the timing move, with a calculator.

Article · 13 min

Surviving the OPM Wait: Interim Payments & the Income Gap (2026)

OPM pays just 60–80% interim while it finalizes your annuity. The cash cushion you need, what’s withheld, the back-pay true-up — and a gap calculator.

2026 Update · 9 min

The Last Day of Paper: OPM’s All-Digital Retirement

OPM ended paper processing July 1, 2026 — 95%+ of claims now run through ORA. Faster, but the real wait to your first full check is still 6–9 months. The hidden delay, interim pay, and a cash-cushion calculator.

Retiring early

Retiring early

Article · 9 min

OPM’s Proposed RIF Rule: Performance Replaces Seniority

OPM’s proposed rule would make performance ratings — not length of service — the primary factor in who survives a RIF. Here’s the 7/5/3/0 scoring system, what it means for veterans and tenure, and the retirement paths that protect your annuity. With a retention-score calculator.

Article · 11 min · New

FERS MRA+10 Early Retirement: The 5% Penalty & How to Beat It (2026)

The 5%-per-year reduction under 62, the lost FERS supplement, and how postponing your annuity erases the penalty and restores FEHB — with a comparison tool.

Guide · 13 min

Postponed vs Deferred FERS Retirement: The FEHB Split

The MRA+10 choice that decides whether you keep FEHB for life — the age reductions, the 5% penalty, and the reinstatement rules — with a side-by-side comparison.

Guide · 14 min

VERA and VSIP: The Federal Early-Out Decision

Who qualifies for early retirement, how the $25K buyout is taxed, the FERS supplement timing, and the re-employment trap — with an early-out decision calculator.

Article · 11 min

Federal Phased Retirement: Half Salary, Half Annuity, Full Glide Path (2026)

Phased retirement lets eligible feds work half-time while drawing half their annuity. Eligibility, the mentoring rule, the composite annuity, and a calculator.

Article · 15 min

FERS Disability Retirement: When and How to Apply in 2026

The five eligibility tests, the SF-3112 forms, the 60/40 benefit math, the SSDI offset, and the age 62 conversion. With a two-phase disability calculator.

Guide · 10 min

Discontinued Service Retirement (DSR): Your Pension If You’re RIF’d

Involuntarily separated at 50 with 20 years, or any age with 25? DSR pays an immediate annuity with no FERS age reduction, plus lifetime FEHB. Eligibility, the traps, and a calculator.

Guide · 11 min

Deferred Resignation & Buyouts: DRP, VERA, and VSIP Compared

Three different tools with very different outcomes. What each is, how they interact with your pension, FEHB, TSP, and the supplement — plus a package-value calculator.

Disability · 9 min

Stacking FERS Disability, SSDI & VA Compensation

You can collect all three at once — but only FERS is offset (60%−100% of SSDI year 1, 40%−60% after). VA stacks free and tax-free. Why the offset still leaves you ahead, plus a three-benefit calculator.

Survivor & costly mistakes

Survivor & costly mistakes

Article · 14 min

FERS Survivor Benefit Elections: The 5% vs 10% Decision

A permanent 5% or 10% reduction in your annuity that protects your spouse for life — and decides whether your spouse keeps FEHB. The math, the trade-offs, and the FEHB connection most retirees don’t know about.

Article · 10 min · New

Declining the Survivor Annuity

The FERS/CSRS options and real cost, the notarized spousal-consent rule, and how waiving it ends your spouse’s FEHB after your death — with a trade-off calculator.

Article · 10 min · New

Taking the FERS Refund

Cashing out your contributions forfeits your annuity. The redeposit rule, taxes and the 10% penalty, and the deferred-retirement alternative — with a refund-vs-pension calculator.

Guide · 10 min

Death in Service: Survivor Benefits When a Fed Dies Before Retiring

The FERS Basic Employee Death Benefit pays a lump sum plus 50% of salary — and, at 10 years, a lifetime survivor annuity and FEHB. What your family gets, and a calculator.

Guide · 11 min

The Fed With a Disabled Adult Child: Survivor Annuity + Special Needs Trusts

A survivor annuity that lasts a child’s lifetime — but can’t be paid into a special needs trust, so it can jeopardize SSI and Medicaid. The rules and the tools that actually work.

Life Insurance · 9 min

FEGLI in Retirement: The 75/50/No-Reduction Election

The one-time SF 2818 election that sets your life-insurance cost for life. The 75/50/No-Reduction choices, the 5-year rule, the Option B age cliff, and a three-way cost calculator.

Service credit & buybacks

Service credit & buybacks

Special situations

Special situations

The big numbers to know

  • 1.0% — your FERS multiplier under age 62 with less than 20 years of service
  • 1.1% — your multiplier at age 62+ with 20+ years (the upgrade that doubles for some retirees)
  • 3 years — the high-3 period that defines your pension
  • 5 years — minimum continuous FEHB enrollment to keep coverage in retirement
  • 57 — the Minimum Retirement Age for anyone born 1970 or later

The full federal retirement picture

FERS & CSRS covers leg one of the three-legged stool. The TSP pillar covers leg two. The Social Security pillar covers leg three. The Tax Strategy pillar covers how each stream is taxed. The FEHB & Medicare pillar covers your healthcare in retirement.

Explore the TSP pillar →