Federal Protective Service Parity Act of 2014 - Includes Federal Protective Service (FPS) law enforcement officers within the Civil Service Retirement System and the Federal Employees Retirement System. Defines "Federal Protective Service law enforcement officer" as an FPS employee who holds a position within specified General Schedule job series and is authorized to carry firearms and empowered to make arrests related to the protection of buildings, grounds, and property owned by the federal government and persons on the property.

Authorizes the Secretary of Homeland Security (DHS) to determine and fix the maximum age limit for an original appointment to a position as an FPS officer. Establishes a minimum annuity amount for individuals serving as FPS officers on the effective date of this Act.