But if you were born in 1955 and earned that same $20,000 in 1990, they would use an inflation factor of 2.2, resulting in $44,000, as the 1990 earnings used in your Social Security computation.

A Social Security retirement benefit is a percentage of your average monthly income using your highest 35 ... resulting in $52,800 as the 1992 earnings used in your Social Security computation.

She has spent 25 years helping federal employees take charge of their retirement by understanding their benefits. Share This: NEXT STORY: Lawmaker backs pay parity, 3.5 percent raise for 2008 ...

Let’s say the lowest year used in your current Social Security retirement computation was 1985, when you made $30,000. But if they added 3 more years to your formula, ...

Total service for retirement computation and eligibility: 13 years, 9 months (includes around three months of unused sick leave credit) Federal Employees Health Benefits coverage: ...

After doing this column for so many years (more than a quarter century now), I’ve learned there are two kinds of potential Social Security beneficiaries. The vast majority are those ...

Common Mistakes Retirees Make With Their Social Security Checks For You: 4 Low-Risk Ways To Build Your Savings in 2025 For many soon-to-be retirees, this means making a plan for their Social Security ...

Lesson 5: There are three components needed to calculate your pension. The first is Retirement Service Computation Date and the actual years of service employed by the federal government. Military ...