$4,973 per month
Moreover, how do I retire in CSRS?
Regular (Immediate) Retirement
Under CSRS/CSRS Offset, and employee may retire at age 62 with five years of service, 60 with 20, or 55 with 30.
Beside this, what is the best day to retire under CSRS? If a CSRS or a CSRS Offset employee retires on the 4th through the last day of the month, then the employee’s retirement becomes effective the first day of the following month with the first annuity check dated the first day of the month thereafter. For example, if a CSRS or a CSRS Offset employee retired on Jan.
Similarly one may ask, is CSRS a lifetime annuity?
CSRS is categorized as a defined benefit retirement plan. As such, an employee who retires under CSRS receives a guaranteed lifetime income and cannot outlive his or her CSRS annuity. … CSRS employees are also eligible to contribute to the Thrift Savings Plan (TSP).