Just wondering if $270.00 a month is normal that is after all my deductions I am trying to find out if they used 1 percent or 1.1 percent I have 24 years and 10 months of time after I retired I was 62 years old thanks in advance
If you retire at age 62 or later and have at least 20 years of creditable service, your annuity is calculated by multiplying your high three-year average salary by 1.1%. You must meet both conditions —age alone or service alone is not sufficient. Here is a link to helpful information about your FERS retirement.