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Reply to "Leaving the fed--any advantage to completing ten years first?"
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[quote=Anonymous][quote=Anonymous]Well, your FERS pension is 1% per year times high-3. So, I assume yours will be calculated at 9% and not 10% (unless sick plus annual leave is enough to get you the 10 years). But honestly, 1% of your salary starting when your 62 probably wouldn't be enough for me to make serious life decisions. At the high end (assuming you've been a GS-15 for several years), it's maybe an additional ~$1,500 per year, starting when you're 62. Other than that, I don't think anything magically changes when you hit 10 years service.[/quote] That is what I thought. Thanks for the response. I was wondering if there was anything special about ten years that I'd missed, but it doesn't sound like it. I guess I will just miss out on getting my ten year pin![/quote]
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