Federal Employees News Digest
Federal Benefits Q&A
- By FEND Staff
- Jul 17, 2017
Question: How does taking LWOP one day a pay period effect my service comp date? How does it affect my high three and how might it negatively affect my FERS retirement annuity?
Answer: In other words, is your question: what is the effect on your retirement of working part time during the last of your Federal service (working 72 hours a pay period rather than 80 hours a pay period)? The answer is not that much as your FERS annuity will be computed based on full time service including a full last year SF 50 salary. However, the full-time equivalent annuity will be modified by the a ratio equal to the total number of hours you worked during your Federal service divided by the full-time equivalent. This ratio should be in the range of 98 to 99 percent.