5 ms·
I don't think so. If he didn't go into management and the working level was a GS-13, he'd eventually max out at a GS-13, Step 10, which is $133,967 a year in Sa
by 5555624 9y ago
I don't think so. If he didn't go into management and the working level was a GS-13, he'd eventually max out at a GS-13, Step 10, which is $133,967 a year in San Francisco.
His pension, under the current system, would be his "high three" average times 1% times years of service ($133,967 * .01 * 21) = $28,133.
- metaphor 9y agoAlso worth noting that retirement after 21 years in industry isn't a financially sensible consideration for most federal civilians: assuming 27 years old in 1997, minimum retirement age would be 57 (9 years shy after 21 years), and even 2 years short of satisfying early retirement age requirement of 50[1]. [1] https://www.opm.gov/retirement-services/fers-information/eligibility/ https://www.opm.gov/retirement-services/fers-information/eli...