Title 5, Government Organization and EmployeesRelease 119-102
§8463 Rate of Benefits
Title 5 › PART III — EMPLOYEES › Subpart G — Insurance and Annuities › CHAPTER 84 — FEDERAL EMPLOYEES’ RETIREMENT SYSTEM › SUBCHAPTER VI — GENERAL AND ADMINISTRATIVE PROVISIONS › § 8463
Summary
Each annuity from the Fund is shown as a yearly amount. The monthly payment is one-twelfth of that yearly amount, rounded down to the nearest whole dollar, and is paid on the first business day of the first month after the month it covers.
Full Legal Text
Title 5, §8463
Government Organization and Employees, Source: USLM XML via OLRC
Each annuity payable from the Fund is stated as an annual amount, one-twelfth of which, rounded to the next lower dollar, constitutes the monthly rate payable on the first business day of the first month beginning after the month for which it has accrued.
Reference
Citations & Metadata
Citation
5 U.S.C. § 8463
Title 5, Government Organization and Employees
Last Updated
Aug 21, 2026
Release point: 119-102