The calculation of your FAS can include, but is not limited to, the following types of payments. In some cases, certain restrictions may apply.
- Regular salary.
- Overtime up to the annual limit, if earned in the FAS period.*
- Holiday pay.
- Noncompensatory overtime earned in the FAS period.*
- Longevity payments (maximum of three), if earned in the FAS period.
- Payment for up to 30 days of accumulated vacation, if the FAS is based on the 36 months immediately preceding retirement.
*Overtime pay in excess of the annual limit cannot be used in the FAS calculation. This overtime limit increases by 3 percent annually. Please refer to our Overtime Limits for Tier 5 page for the current limit.
The following types of payments are not considered regular compensation and, in most cases, will not be included in your FAS calculation:
- Unused sick leave.
- Payments made as a result of your working during your vacation.
- Any form of termination pay.
- Payments made in anticipation of retirement.
- Lump sum payments for deferred compensation.
- Any payments made for time not worked.