§ 842.403 Computation of basic annuity

5 CFR 842.403(a)(a) Except as provided in paragraph (b) of this section and §§ 842.405 and 842.406, the annuity of an employee or Member is 1 percent of average pay multiplied by total service.

5 CFR 842.403(b)(b) The annuity of an employee is 1.1 percent of average pay multiplied by total service, provided the individual—

5 CFR 842.403(b)(1)(1) Has completed 20 years of service; and

5 CFR 842.403(b)(2)(2) At the time of separation on which entitlement to an annuity is based—

5 CFR 842.403(b)(2)(i)(i) Is at least age 62; and

5 CFR 842.403(b)(2)(ii)(ii) Is not a customs and border protection officer, a Member, Congressional employee, military reserve technician, law enforcement officer, firefighter, nuclear materials courier, or air traffic controller.