STEPS IN COMPUTING THE BASIC CSRS ANNUITY

  1. BASIC INFORMATION REQUIRED:
  • NAME: ________________________
  • AGE: ________________________
  • FEDERAL SERVICE: ________________________
  • (Include all creditable Military Service) (Block 31 of SF-50b)
  • SICK LEAVE BALANCE: ________________________ (Leave & Earnings Stmt)
  • CURRENT ANNUAL SALARY: ________________________ (Block 20 of SF-50b)
  • 2. TOTAL SERVICE: (Add creditable service to your sick leave balance)

  • CREDITABLE SERVICE _____YRS_____MOS____DAYS
  • SICK LEAVE _____YRS_____MOS____DAYS
  • _________________________________________
  • TOTAL SERVICE: _____YRS_____MOS____DAYS
  • 3. PERCENTAGE: 1.5% X 5 YRS = 7.50%

    **(Enter years of service 1.75% X 5 YRS = 8.75% over 10 years and multiply by 2% equals Percentage) **2% X___ YRS = _____%

    ________________________

     

    TOTAL YRS SVC AND PERCENTAGE: ___ YRS = _____%

    1. HIGH-3 AVERAGE SALARY:

      93% X _________(ANNUAL SALARY) = _________

    2. ANNUAL ANNUITY:

      _________% (STEP 3 OF CSRS COMPUTATION WORKSHEET)

      X ___________ HIGH-3 (STEP 4) = _______________

    3. MONTHLY ANNUITY:

    _____________ ANNUAL ANNUITY (STEP 5)

    DIVIDED BY 12 = ________________

    ADDITIONAL DEDUCTIONS: FEHB, FEGLI, SURVIVOR BENEFIT, TAXES