FERS 6(c) Retirement Guide

For air traffic controllers, law enforcement officers, and firefighters under FERS Special Provisions

How Much Will I Make When I Retire? (20 Years / Age 50)

~$4,250
Pension / month
for life
~$1,000
Bonus check / month
ages 50–62 only
~$5,250
Total / month
before age 62

The pension is yours forever. The bonus check (called the FERS Supplement, or SRS) is a bridge payment that replaces Social Security until you're old enough to collect it. It stops automatically when you turn 62 — no exceptions.

This example uses a $150,000 High-3 at exactly 20 years, the earliest 6(c) exit point, and a $1,000/month supplement estimate. Your real numbers depend on your own High-3, your actual Social Security earnings record, and the current NATCA/FAA or equivalent contract. Federal income tax applies. State tax depends on where you live.

What's the Pension Formula?

First 20 years: 1.7% × your High-3 pay × 20 = 34% of High-3
Each year after: 1.0% × your High-3 pay × extra years

Example — 20 years, $150,000 High-3:
1.7% × $150,000 × 20 = $51,000/year = $4,250/month

High-3 = the average of your 3 highest consecutive years of base pay + locality pay. For most people, that's your last 3 years.

✅ Counts toward High-3

  • Base salary
  • Locality pay

❌ Does NOT count

  • Overtime
  • Night / Sunday pay
  • Holiday pay
  • CIP or similar differentials
  • Any locality COLA excluded by your agency's rules
  • OJTI / CIC / acting pay

What If I Work Longer?

Every extra year adds two things: a bigger multiplier AND, in practice, higher pay going into your High-3 as raises continue. Both increase your pension permanently.

Years WorkedEst. Monthly PensionExtra vs. 20 Years
20~$4,250/mo
21~$4,375/mo+$125/mo forever
22~$4,500/mo+$250/mo forever
23~$4,625/mo+$375/mo forever

Table assumes a flat $150,000 High-3 the whole time, so it isolates just the multiplier effect. In practice your High-3 keeps rising with raises, so real dollar gains from working longer are usually bigger than this.

What If I Leave Before 20 Years?

⚠️ You lose almost everything. The 20-year mark is a hard cliff.
20+ Years (Special Provision)Under 20 Years (Regular FERS)
Pension startsAge 50Age 57–62 at earliest
Multiplier1.7% per year1.0% per year
SupplementYes (bridges to 62)No
COLA on pensionStarts immediatelyStarts at 62

Leaving at 18 years instead of 20 doesn't just cost you 2 years of pension — it costs you the 1.7% rate on everything, the supplement, and 7–12 years of waiting. The math is brutal.

Sick Leave — What's It Actually Worth?

This section uses a different worked example than the rest of this guide — the specific inputs from a public forum thread this analysis was built from, so the math can be checked against the source reports. $148,000 High-3, 25 years, retiring at 49, 2,080 unused hours, $150,000 final salary.

You have three options at retirement, not two. Most controllers only know about the first one.

Short version: If you have a legitimate medical reason to be out, burning the hours at end of career wins. If you don't, take the 40% cash buy-back. Converting to service credit is the worst of the three.

Option A — Convert to service credit

The default. Your balance converts to extra creditable service in the pension formula.

174 hours = 1 extra month of pension credit
2,087 hours = 1 full extra year

Credit lands at 1.0%, not 1.7% — it stacks on top of your first 20 years
2,000 hours on a $148,000 High-3: ~$1,480/year = ~$123/month for life

Option B — Take the 40% cash buy-back

Negotiated in the NATCA/FAA contract, and most controllers have never heard of it. Retire on an immediate annuity and you can elect a lump sum worth 40% of your balance's value instead of the service credit. This is a bargaining-unit benefit, not a general federal one — it's why OPM material says sick leave is never paid out.

2,080 hours × your final hourly rate × 40%

At a $150,000 final salary ($71.87/hr):
2,080 × $71.87 × 40% = ~$59,800 gross, paid at retirement

It's all or nothing — you cannot split the balance between cash and credit. Taxed as ordinary income the year you receive it.

Option C — Burn it at end of career (needs a genuine medical reason)

Stay on full payroll instead of retiring. That time counts as actual service, which raises both your service years and your High-3, because your High-3 window slides forward onto higher-paid years.

2,080 hours ≈ 11.5 months on full pay

Year one: you're actually behind the buy-back path by ~$18,000
(the buy-back retiree is still collecting pension + supplement + TSP draw + the lump that same year)

Every year after: ahead by ~$2,500–$4,200/year, growing with COLA
— bigger pension, bigger supplement, bigger TSP

All Three Side by Side

A — CreditB — Buy-backC — Burn it
Cash up frontnone~$59,800 gross~$150,000 in salary
Value vs. buy-back (today's $)−$19k to −$27k+$30k to +$77k
Requires medical needNoNoYes
Rank3rd2nd🏆 1st

Option C wins on both ends when it's available — more money during the window and a bigger pension after. Option B beats Option A because cash today beats a fraction of a percent paid out over 38 years, discounted to today's dollars.

Why the buy-back beats the credit: the credit pays out in tiny pieces over decades. Even with COLA, its present value is well under the lump sum. Cash now, invested or spent, wins.

The Real Cost of Using Sick Leave Early

Every hour burned early is an hour unavailable for the end-of-career strategy. With the buy-back on the table, the floor value of a banked hour is now a guaranteed cash number, not just a pension fraction.

As service creditAs 40% cashAs end-of-career pay
Per hour banked~$37 lifetime~$29 cash~$72 gross
Per 10 hours~$370~$290~$720
Per 100 hours~$3,700~$2,900~$7,200
⚠️ Sick leave requires a genuine documented medical condition. Using it without one is federal time and attendance fraud. Option C is only available if you actually have a legitimate medical need at that time — it is not something you can schedule.
Annual leave and sick leave are still not the same thing.
Annual leave = paid out in full as a lump sum at retirement. ✅
Sick leave = 40% buy-back or service credit, your choice. Not both. ⚠️
Both the buy-back and the credit require retiring on an immediate annuity. Deferred retirement = your balance is worth nothing.

Medical Retirement — When It's Better Than Regular Retirement

If you become medically unable to do your job, you may qualify for disability retirement. Whether it beats regular retirement depends entirely on how many years you have when it happens.

Year 1: 60% of High-3 → $150,000 × 60% = $90,000/yr = $7,500/mo
Year 2 to age 62: 40% of High-3 → $150,000 × 40% = $60,000/yr = $5,000/mo
At age 62: Converts to regular pension formula (see above)

Dollar figures use a flat $150,000 High-3 for every row below to isolate the years-in-service effect. Earlier in a real career your High-3 is usually lower, which makes the gap even larger in medical's favor at low year counts.

⚠️ Medical retirement does NOT include the monthly supplement (SRS). Regular retirement does, once you have 20+ years.

The Breakpoints

Years InRegular RetirementMedical RetirementWinner
Under 10 yrs~$1,250/mo — but not until 57+$5,000/mo starting now🏆 Medical — not close
10–14 yrs~$1,250–$1,750/mo — but not until 57+$5,000/mo starting now🏆 Medical — not close
15–19 yrs~$1,875–$2,375/mo — but not until 57+$5,000/mo starting now🏆 Medical — easily
~20 yrs~$4,250/mo + $1,000 supplement = $5,250/mo$5,000/mo, no supplement⚖️ Roughly equal, regular slightly ahead
22+ yrs~$4,500/mo + $1,000 supplement = $5,500/mo$5,000/mo, no supplement🏆 Regular pulls ahead
The short version: get medically grounded early in your career and medical retirement pays dramatically more, immediately, versus waiting years for a small regular pension. Once you're near or past the 20-year mark, regular retirement (with its supplement) catches up and can pull ahead. The exact crossover depends on your real High-3 and your real Social Security estimate, not this illustrative $1,000/month supplement.

The Age 62 Bonus

Time spent on medical retirement typically counts as a year of service. At 62, your annuity may be recalculated using your real years plus the years on medical retirement, at the standard multiplier for whichever years apply. If that recalculated number is higher than your medical-retirement rate, you get the higher amount automatically.

To Qualify

⚠️ It's not simply "stop working." Most agencies must first try to reassign you to another position — same pay grade, same location, something you're medically able to do. If a suitable role exists and is offered, you generally must accept it or lose disability retirement eligibility. Only when the agency certifies it cannot find a suitable position do you separate and qualify.

What they typically cannot force on you: a demotion, a move to another city, or a job you're medically incapable of doing. Same grade, same location, medically feasible — those are usually the limits of what counts as a valid offer. Confirm the exact rule for your agency.

More Reference — Click to Expand
How Your Pay Band Works

Your pay typically climbs inside your grade's band through two kinds of raises, though the exact mechanism depends on your agency and contract:

  • An annual across-the-board adjustment: the whole band moves up (the size varies year to year). Your pay moves with it.
  • A step or longevity increase: your individual pay rises inside the band on a schedule, without the band itself moving.

You typically catch up to your band's maximum gradually over several years as these two effects compound.

Transferring to a higher-paying facility or duty station commonly resets you to the bottom of that new band. Raises you've accumulated toward your old band's maximum don't carry over. Confirm this with your specific agency before transferring — the rule and its exceptions vary.

Your specific pay band, current locality rate, and raise schedule are published for your facility on USAJobs and your union's pay tables. Pull your own numbers rather than relying on any generic example.

Can I Work Past 56?

Yes, in some cases. Federal law allows waivers letting certain 6(c) employees work past the standard mandatory retirement age, and these have been actively granted in recent years for occupations facing staffing shortages. Whether a waiver applies to your job series is worth confirming directly, since it varies.

Each extra year past your mandatory age still builds your pension — more service time and a higher High-3.

The supervisor play: Some 6(c) job series allow employees who serve time as a supervisor AND reach 30+ total years of service to get 1.7% on all their years — not just the first 20. On a $150,000 High-3, that's the difference between $66,000/year (standard 30-year calc) and $76,500/year (all 30 years enhanced) — about $875/month more, for life. Confirm whether this provision applies to your specific job series and bargaining unit.
Quick Answers
QuestionAnswer
Does overtime count toward my pension?No.
Does locality pay count?Yes, in full.
Is sick leave paid out when I retire?Depends on your bargaining unit. NATCA controllers can elect a 40% cash buy-back instead of service credit. General federal employees: no, service credit only. Annual leave is always paid out separately, in full.
Can sick leave help me hit 20 years?No. It only adds to your pension calculation — not your eligibility.
When does the supplement stop?The day you turn 62. No exceptions.
Can I access my TSP before 59½?Often yes, penalty-free, for 6(c) employees who separate in the year they turn 50 or later. Confirm your exact situation.
How do I find my Social Security estimate?SSA.gov — log in and check your earnings record.
Did I set a TSP beneficiary?Log in to TSP.gov and check. If it shows "none," fix it today.
Sources — Verify It Yourself

Every rule in this guide comes from an official government source or a union contract. Here's where each key fact comes from and how to confirm it independently for your own situation.

FactSourceHow to Verify
1.7% multiplier for first 20 years of 6(c) service5 USC §8415law.cornell.edu → search 5 USC 8415
Age 50 / 20-year eligibility5 USC §8412law.cornell.edu → search 5 USC 8412
High-3 includes locality, excludes OT/CIPOPM FERS Handbook Chapter 50opm.gov → FERS information → computation
6(c) COLA starts immediately on the pensionOPM FERS Handbookopm.gov → FERS COLA
SRS formula and rules5 USC §8421; OPMopm.gov → retirement → FERS supplement
Disability retirees do NOT get SRSOPM / FedWeekfedweek.com → search "disability retirement supplement"
2,087 hours = 1 year sick leave creditOPM CSRS/FERS Handbook Ch. 50opm.gov → leave → sick leave → retirement credit
Sick leave credit computed at 1.0%5 USC §8415law.cornell.edu → search 5 USC 8415
40% sick leave buy-back at retirement (NATCA)NATCA/FAA CBA — 2024 contract Art. 41 (Art. 25 §17 in prior contracts)natca.org → CBA ratification package; ask your local rep
No general federal cash payout for sick leaveOPM (applies to non-BUE employees)opm.gov → leave → sick leave
Supervisor 1.7%-on-all-years provision (where it exists)5 USC §8415(f) or equivalent; check your job seriesConfirm applicability with your HR/union — not universal across all 6(c) series
Disability retirement 60%/40% formulaOPM FERS disability retirement rulesopm.gov → disability retirement
Reassignment requirement before disability retirementOPM qualification standards for your job seriesopm.gov → your job series qualification standards
The number worth double-checking before you rely on it: the 40% sick leave buy-back rate. It's a negotiated contract term, not statute, so confirm the current figure and eligibility rules with your union local or HR office. Contracts get renegotiated.

If anything in this guide conflicts with what OPM, your HR office, or a certified federal employee benefits counselor (ChFEBC) tells you — trust them over this document. This guide is a starting point, not a substitute for personalized official advice.