FERS High-3 Calculator
Introduction & Importance
FERS High-3 is a crucial calculation for federal employees planning their retirement. It’s the average of your highest three consecutive years of basic pay, excluding overtime and allowances…
How to Use This Calculator
- Enter your High-3 Salary.
- Enter your Years of Service.
- Click ‘Calculate’.
Formula & Methodology
The formula for FERS High-3 is: (High-3 Salary * Years of Service) / 3…
Real-World Examples
| Salary | Years | High-3 |
|---|---|---|
| $80,000 | 10 | $800,000 |
| $95,000 | 15 | $1,425,000 |
Data & Statistics
| Year | Average High-3 |
|---|---|
| 2015 | $750,000 |
| 2020 | $850,000 |
Expert Tips
- Review your High-3 annually.
- Consider cost-of-living adjustments.
Interactive FAQ
What if I have less than 3 years of service?
Your High-3 is your current salary.
How does COLA affect my High-3?
COLA adjustments are included in your High-3 calculation.