2025 Annual Update: Facts & Figures
The most current federal benefits data to help you plan confidently for retirement.
CSRS & FERS Pension
| Item | 2024 | 2025 | 10-Year Avg |
|---|---|---|---|
| National pay raise (without locality pay increase) | 4.70% | 1.70% | 2.11% |
| National pay raise (with average locality pay increase) | 5.20% | 2.00% | 2.49% |
| CSRS COLA in retirement | 3.20% | 2.50% | 2.83% |
| FERS COLA in retirement | 2.20% | 2.00% | 2.40% |
| Special Retirement Supplement earnings test limit | $22,320 | $23,400 | — |
CSRS & FERS Death Benefits
| Item | 2024 | 2025 |
|---|---|---|
| Lump-sum, in-service death benefits (FERS) | $41,568 | $42,607 |
| Children's Survivor Benefits (Monthly) | ||
| If no parent living (per child up to 3) | $787 | $806 |
| If one parent living (per child up to 3) | $658 | $674 |
Social Security & Medicare
| Item | 2024 | 2025 | 10-Year Avg |
|---|---|---|---|
| Social Security COLA (CPI-W) | 3.20% | 2.50% | 2.83% |
| Social Security earnings test limit | $22,320 | $23,400 | — |
| PIA formula (first bend) | $1,174 | $1,226 | — |
| PIA formula (second bend) | $7,078 | $7,391 | — |
| Social Security Substantial Earnings Minimum | $31,613 | $33,019 | — |
| Social Security Maximum Taxable Earnings | $168,600 | $176,100 | — |
| Medicare Part B Premium (monthly) | $174.70 | $185.00 | 4.38% |
Federal Employee Health Benefits
| Item | 2024 | 2025 | 10-Year Avg |
|---|---|---|---|
| Average premium increase all carriers | 7.70% | 13.50% | 5.66% |
Thrift Savings Plan
| Item | 2024 | 2025 | |
|---|---|---|---|
| Elective deferral limit (annual) | $23,000 | $23,500 | |
| Catch-up contribution limit for age 50+ (annual) | $7,500 | $7,500 | |
| Catch-up contribution limit for age 60–63 (annual) | N/A | $11,250 | |
| Rates of Return (Compound Annual) | EOY 2023 | EOY 2024 | 10-Year |
| G Fund | +4.22% | +4.40% | +2.52% |
| F Fund | +5.58% | +1.33% | +1.49% |
| C Fund | +26.26% | +24.96% | +13.09% |
| S Fund | +25.30% | +16.93% | +9.52% |
| I Fund | +18.38% | +4.27% | +5.63% |
Need Help Understanding Your Federal Benefits?
Our advisors specialize in FERS retirement, TSP optimization, and tax-efficient withdrawal strategies for federal employees.
Schedule a ConsultationThe information presented is for educational purposes only and should not be considered financial, tax, or legal advice. Please consult with a qualified financial professional before making any decisions regarding your federal benefits or retirement planning.
Data sourced from the Office of Personnel Management (OPM), Social Security Administration (SSA), Centers for Medicare & Medicaid Services (CMS), and the Federal Retirement Thrift Investment Board. 10-year averages are calculated from publicly available historical data where applicable.
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