# Retirement Pension 

**URL:** <https://www.fedwork.net/t/retirement-pension/4209>\
**Category:** Pay, Perks, and Retirement\
**Created:** [August 12, 2026, 12:44pm UTC](https://www.fedwork.net/t/retirement-pension/4209 "2026-08-12T12:44:00Z")\
**Posts on this page:** 2\
**Page:** 1

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**Author:** ![Navyboy63](https://avatars.discourse-cdn.com/v4/letter/n/9e8a1a/32.png) [@Navyboy63](https://www.fedwork.net/u/Navyboy63)\
**Post date:** [August 12, 2026, 12:44pm UTC](https://www.fedwork.net/t/retirement-pension/4209/1 "2026-08-12T12:44:00Z")

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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

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**Author:** ![DDamp](https://yyz1.discourse-cdn.com/flex031/user_avatar/www.fedwork.net/ddamp/32/316_2.png) [@DDamp](https://www.fedwork.net/u/DDamp)\
**Post date:** [August 21, 2026, 3:01pm UTC](https://www.fedwork.net/t/retirement-pension/4209/2 "2026-08-21T15:01:29Z")

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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](https://federalretirement.net/fers-annuity)about your FERS retirement.