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  • Home
  • Calculators
    • Expenses
    • College Tuition
    • Mortgage Amortization
    • Incomes
    • FERS Pension
    • Retirement Savings
    • Social Security Benefits
Federal Employee Retirement System (FERS) Pension Projection
Start Year

Year to begin displaying pension and final salary

Birth Year
Service Start Year

Year you began federal service under FERS

Retirement Age

Age you plan to retire and start collecting pension

Current Salary ($)

Your current annual basic salary

Salary Growth Rate (%)

Estimated annual increase in salary before retirement

COLA Estimate (%)

Annual cost-of-living adjustment after retirement

Immediate (Regular)
Retirement Type

Choose the applicable retirement type based on your eligibility

Pension Multiplier (%)

Typically 1% or 1.1%, depending on age and service

Years to Project

Number of years to show pension income

  • Salary grows annually by a fixed percentage until retirement. The average of your highest 3 years of salary before retirement is used to calculate your pension.
  • Pension multiplier is typically 1% or 1.1% based on your age and service years.
  • Cost-of-Living Adjustments (COLA) start applying after age 62, increasing your pension annually by the estimated COLA percentage.
  • This calculator assumes a simplified model for illustrative purposes. Actual FERS pension calculations may include additional factors like retirement type and survivor benefits.
Disclaimer: The financial calculators and content on this website are for informational and educational purposes only. They are not intended as financial, tax, or investment advice. All results are estimates based on the data you provide and assumptions made by the model. Actual outcomes may vary significantly. Please consult a licensed financial advisor before making any financial decisions.