Civil Service Retirement System (CSRS)



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| |Calculating Your Benefit |

|Employee Information |

|Name: |Title: |

|Service Computation Date: |Date of Birth: |

|Latest Appointment Date: |1st Retirement Eligibility Date: |

|*Current Gross Annual Salary: ____________ |Years of Service at 1st Eligibility Date: |

|*Current Sick Leave Balance: _____________ |*Current Annual Leave Balance: __________ |

|*To obtain your current annual salary and your current leave balances, log onto your PAWS account to view your most recent check stub. |

| then click on Paws and log in. |

|Maximum Leave Payment Calculation |

|Sick Leave to be Paid For – up to 200 hours unused: ______________ |

|Annual leave to be Paid for – up to 300 hours unused: + ______________ |

|TOTAL Hours to be Paid for: = ______________ |

| |

|Annual Salary __________ divided by 2080 (# of hours in a year) |

|Times Hours to be Paid for = $___________________ |

|Converting Leave Balances to Service Credit |

|Sick Leave (balance after 200 paid): |

|Hours _____________ (See Conversion Chart to convert to years) = ______________. |

|Annual Leave (balance after 300 paid): |

|Hours _____________ (See Conversion Chart to convert to years) = ______________. |

|Example: Hours: 1275 (Using the Conversion Chart) = 7 months, 10 days = .58 (7/12 = .58). |

|Please transfer the following information from the front side of this form so that you may complete the following sections: |

| |

|Current Annual Salary = __________________________ |

| |

|Sick Leave Credit = ______________________________ |

| |

|Annual Leave Credit = ___________________________ |

| |

|Years of Service = _______________________________ |

|CSRS Benefit Calculation |

|A). |High-3 Average Salary |X |1.50% |X |1st 5 years of service |= |______________ |

| |___________________ | | | | | | |

|B). |High-3 Average Salary |X |1.75% |X |2nd 5 years of service |= |______________ |

| |___________________ | | | | | | |

|C). |High-3 Average Salary |X |2.00% |X |Remaining years of service __________ |= |______________ |

| |___________________ | | | | | | |

|D). |High-3 Average Salary |X |2.00% |X |Sick Leave Credit |= |______________ |

| |___________________ | | | |________________ | | |

|E). |Sum of A+B+C+D = _________________ / 12 = ________________Monthly Annuity. |

|TRSL Benefit Calculation |

|If you elect to receive the TRSL Supplement prior to reaching age 62, |

|the benefit will be actuarially reduced. |

|F). |High-3 Average Salary |X |1.00% |X |1st 5 years of service |= |______________ |

| |___________________ | | | | | | |

|G). |High-3 Average Salary |X |0.75% |X |2nd 5 years of service |= |______________ |

| |___________________ | | | | | | |

|H). |High-3 Average Salary |X |0.50% |X |Remaining years of service __________ |= |______________ |

| |___________________ | | | | | | |

|I). |High-3 Average Salary |X |0.50% |X |Sick & Annual Leave Credit ______ |= |______________ |

| |___________________ | | | | | | |

|J). |Sum of F+G+H+I = __________________ / 12 = ________________Monthly Annuity. |

|*When calculating your estimate, you may use your current salary if you do not plan to retire within the next 3 years. Upon your retirement, your benefit is |

|calculated on your highest 3-year average salary. |

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