Showing posts with label FERS Postal Service retiree pension amount. Show all posts
Showing posts with label FERS Postal Service retiree pension amount. Show all posts

Tuesday, June 16, 2020

How much is a FERS Postal Service retiree pension?

How much is a FERS Postal Service retiree pension?

Article Excerpt: "...FERS also uses the high-3 average, paying 1 to 1.1 percent of the high-3 average salary for each year of service. Under FERS, a postal worker with a high-3 average of around $60,000 and 20 years of service earns $1,007 a month without any deductions. That equals about $12,000 annually. A worker with the same salary and 40 years of service earns $2,013 monthly, or about $24,000 annually..."



Resource: chron.com

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