Capital Wealth
Member Resource

2025 Annual Update: Facts & Figures

The most current federal benefits data for retirement planning  |  Revised January 2025
Your clients rely on you to have the most up-to-date and accurate information to assist them in planning for their financial future. Below, you will find the facts and figures for 2024, 2025 and a 10-year historical average when appropriate. Please consult with your firm's written planning guidance for the appropriate use of this data.
1
CSRS & FERS Pension
Item2024202510-Yr 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 retirement3.20%2.50%2.83%
FERS COLA in retirement2.20%2.00%2.40%
Special Retirement Supplement earnings test limit$22,320$23,400
2
Death Benefits
Item20242025
Lump-sum, in-service (FERS)$41,568$42,607
Children's Benefits (Monthly)
No parent living (per child, up to 3)$787$806
One parent living (per child, up to 3)$658$674
4
FEHB
Item2024202510-Yr
Avg premium increase (all carriers)7.70%13.50%5.66%
3
Social Security & Medicare
Item2024202510-Yr 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$185.004.38%
5
Thrift Savings Plan
Item20242025
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 2023EOY 202410-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%