[vc_row][vc_column width=”2/3″ el_class=”section section1″][vc_column_text]For the federal workers that do not know how their retirement annuity is calculated, they are based on your high-3s. Your high-3s are the three highest averages from back-to-back years of your base salary.
The base salary is the amount you make and of which your retirement withholdings are made from.
The base pay is the rate that is set by laws or regulations for your federal post.
For GS workers, your base pay can be comprised of within-grade increases, special pay rates set due to recruitment or due to retainment, locality pay, and certain types of premium pay that typically involves law endowment officers and firefighters.
For those under the wage system, the basic pay also includes environment differential pay.
- Also Read: FAA, Law Enforcement, and Special Federal Employee Categories—Here’s What Makes Their Retirement Unique
- Also Read: Blending Private and Public Sector Retirement Plans Is Complicated—Here’s Where Couples Get It Wrong
- Also Read: The Silent Shift in Postal Service Retirement Benefits That Could Change Everything by 2026
You can also study your pay stubs to see what kind of deductions are being made aside from the pay assigned for by our locality, grade, and step. You can also check with payroll to see what types of pay are not being considered within your base pay.[/vc_column_text][/vc_column][vc_column width=”1/3″][vc_single_image image=”7898″ img_size=”292×285″ style=”vc_box_shadow”][/vc_column][/vc_row]




