Understanding the Impact of a 3.8% Raise on Your High-3 Retirement Pay
What is the High-3 Average Basic Pay? The High-3 average basic pay is a key concept in the context of federal employee retirement benefits, particularly within the Federal Employees Retirement System (FERS) and the Civil Service Retirement System (CSRS). Essentially, the High-3 average basic pay is calculated by taking the highest three consecutive years of … Read more