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FEDERAL EMPLOYEE'S
RETIREMENT ANNUITY CALCULATIONS
CSRS / FERS Retirement Planning and Guidance
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Annuity
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Your first retirement
check should arrive on or about the first of the month following your
separation as long as you submitted your paperwork at least 2 to 3 months in
advance of your departure date. For example, if you retire by no later than the 3rd of
January your first "estimated" check should arrive on or
about the first of February.
When I
retired my first check arrived exactly 31 days after I
left. My lump sum leave payment arrived two weeks later.
Don't be shocked when you get your leave buy back check.
Uncle Sam takes federal tax out and you get about one
third less. |
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