{"id":26258,"date":"2022-12-14T16:18:38","date_gmt":"2022-12-14T16:18:38","guid":{"rendered":"https:\/\/one.sightlinemg.com\/federaltimes\/uncategorized\/2022\/12\/14\/do-i-have-to-reach-20-year-work-anniversary-for-higher-multiplier\/"},"modified":"2026-08-20T16:07:15","modified_gmt":"2026-08-20T16:07:15","slug":"do-i-have-to-reach-20-year-work-anniversary-for-higher-multiplier","status":"publish","type":"post","link":"https:\/\/one.sightlinemg.com\/federaltimes\/your-career\/2022\/12\/14\/do-i-have-to-reach-20-year-work-anniversary-for-higher-multiplier\/","title":{"rendered":"Do I have to reach 20 year work anniversary for higher multiplier?"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">The following is a question submitted by a Federal Times readers about retirement and other issues facing the federal workforce. It is answered by Reg Jones, a charter member of the senior executive service and a Federal Times columnist.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Question: In March 2023 I turn 62 but would only have 19.52 years of service credible. I will have more than 7 month of sick leave to be added. My question is, would the retirement formula be 1% or would it be 1.1%? Would I have to wait until my actual 08\/11\/23 date to fully have 20 years of service credible in order to get the 1.1%?<\/p>\n\n\n\t<aside class=\"smg-interstitial-link wp-block-smg-interstitial-link\">\n\t\t<a href=\"https:\/\/one.sightlinemg.com\/federaltimes\/your-career\/2022\/11\/03\/what-is-the-fers-frae-retirement-system\/\" class=\"smg-interstitial-link__inner\">\n\t\t\t\t\t\t\t<div class=\"smg-interstitial-link__media\">\n\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/one.sightlinemg.com\/wp-content\/uploads\/2026\/08\/ask_the_expert.jpg.jpg?w=300\" class=\"smg-interstitial-link__image wp-post-image\" alt=\"\" \/>\t\t\t\t<\/div>\n\t\t\t\t\t\t<div class=\"smg-interstitial-link__content\">\n\t\t\t\t<span class=\"smg-interstitial-link__kicker\">Related<\/span>\n\t\t\t\t<h3 class=\"smg-interstitial-link__title\">What is the FERS FRAE retirement system?<\/h3>\n\t\t\t\t\t\t\t\t\t<p class=\"smg-interstitial-link__excerpt\">Reg Jones is the resident expert on retirement and the federal government at Federal Times.<\/p>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/a>\n\t<\/aside>\n\t\n\n\n<p class=\"wp-block-paragraph\">Reg\u2019s Response: Yes, you would have to wait until you have 20 years of actual service to have the higher multiplier used in the computation of your annuity.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Got a question for the Federal Times expert?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Send inquiries to: <a href=\"mailto:fedexperts@federaltimes.com\">fedexperts@federaltimes.com<\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><i>Reg Jones is the resident expert on retirement and the federal government at Federal Times. From 1979 until 1995, he served as an assistant director of the U.S. Office of Personnel Management handling recruiting and examining, white and blue collar pay, retirement, insurance and other issues. Opinions expressed are his own.<\/i><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reg Jones is the resident expert on retirement and the federal government at Federal Times.<\/p>\n","protected":false},"author":7,"featured_media":73497,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_yoast_wpseo_meta-robots-noindex":"","_yoast_wpseo_meta-robots-nofollow":"","_yoast_wpseo_canonical":"","_acf":"","_yoast_wpseo_primary_category":25,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","_smg_distribution_targets":[]},"categories":[31,25],"tags":[8451],"coauthors":[3315],"class_list":["post-26258","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-home","category-your-career","tag-retirement"],"acf":{"subheadline":"The Federal Times Expert answers your questions on retirement, regulations and government 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