Know what your federal job is really worth.

Our calculator estimates your FERS pension value by factoring in your years of service, high-3 salary, retirement age, and special provisions like the FERS Supplement (RAS). It then calculates the present value of your future pension payments to show what your retirement benefits are worth in today's dollars.

The basic FERS pension formula is: Years of Service × High-3 Average Salary × 1% (or 1.1% if you retire at 62 or older with 20+ years). For SCE employees (law enforcement, firefighters), the formula is 1.7% for the first 20 years and 1% thereafter.

The FERS Supplement, also called the Special Retirement Supplement or RAS, is a bridge payment you receive from your retirement date until age 62. It approximates what your Social Security benefit would be for your federal service years. Not everyone qualifies—you need an immediate, unreduced retirement.

A FERS pension can be worth $500,000 to over $1 million in present value depending on your years of service and salary. Many federal employees underestimate this when comparing to private sector offers that may pay more upfront but lack a defined benefit pension.

FERS has several retirement paths: MRA+30 (Minimum Retirement Age with 30 years of service), 60+20 (age 60 with 20 years), or 62+5 (age 62 with 5 years). SCE employees can retire at 50 with 20 years or any age with 25 years. MRA ranges from 55-57 depending on your birth year.

Your High-3 is the average of your highest 3 consecutive years of basic pay. For most employees, this is their final 3 years before retirement. Your FERS pension is calculated as a percentage of this High-3 average.

Annual pay raises directly increase your High-3 salary, which increases your lifetime pension. The 2026 federal pay raise was 1.7%. Each raise in your final years can add thousands to your pension over retirement. See our Federal Pay Raise page for historical data and 2027 projections.

This calculator focuses on your FERS pension and supplement. TSP (Thrift Savings Plan) and Social Security are separate components of the FERS "three-legged stool." We show TSP match forfeiture if you leave early, and estimate Social Security in the premium features.

If you leave before retirement eligibility, you may qualify for a deferred pension starting at age 62 (with 5+ years of service) or MRA (with 10+ years). You'll lose the FERS Supplement and potentially forfeit TSP matching contributions that haven't vested.