Andrew McCabe’s Pension Is Worth About $1.8 MillionWashington Free Beacon, Jan 30, 2018, Elizabeth Harrington
FBI deputy director Andrew McCabe is set to receive a nearly $2 million pension, according to a Washington Free Beacon analysis.
The top law enforcement official, who has come under scrutiny for overseeing the investigation into Hillary Clinton's private email server, stepped aside on Monday. McCabe took early retirement, which he was eligible for after serving at the bureau for over 20 years.
McCabe joined the FBI in 1996 and worked his way up to high paying executive service positions. He was serving as the assistant director in charge of the Washington, D.C., field office until July 2015, when he was named the FBI's associate deputy director, carrying an ES Level 4 pay scale.
The Federal Employees Retirement System (FERS) calls for law enforcement officers to receive 1.7 percent of the officer's average highest salary over a period of three consecutive years per year for the agent's first 20 years of service. Additionally, they receive 1 percent of the highest average salary for each year exceeding 20 years of service. McCabe served 21 years.
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