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  2. Federal Employees Retirement System - Wikipedia

    en.wikipedia.org/wiki/Federal_Employees...

    The Federal Employees' Retirement System (FERS) is the retirement system for employees within the United States civil service. FERS [1] became effective January 1, 1987, to replace the Civil Service Retirement System (CSRS) and to conform federal retirement plans in line with those in the private sector. [2] FERS consists of three major components:

  3. How to Calculate Your High-3 for Federal Retirement - AOL

    www.aol.com/finance/calculate-high-3-federal...

    Federal workers receive a monthly income in retirement based on specific formulas. While these formulas vary depending on certain factors, income and service years are key components of their ...

  4. Public employee pension plans in the United States - Wikipedia

    en.wikipedia.org/wiki/Public_employee_pension...

    Federal civilian pensions were offered under the Civil Service Retirement System (CSRS), formed in 1920. CSRS provided retirement, disability and survivor benefits for most civilian employees in the federal government, until the creation of a new federal agency, the Federal Employees Retirement System (FERS), in 1987.

  5. Congressional pension - Wikipedia

    en.wikipedia.org/wiki/Congressional_pension

    The “CSRS Offset” plan, which includes both CSRS and Social Security, but with CSRS contributions and benefits reduced by Social Security contributions and benefits; FERS; or; Social Security alone. [5] Congressional pensions, like those of other federal employees, are financed through a combination of employee and employer contributions.

  6. The Federal Employees Retirement System (FERS) - AOL

    www.aol.com/news/federal-employees-retirement...

    There are plenty of retirement plans for workers: 401(k)s and pension plans set up through your employer, IRAs you can manage on your own and Social Security benefits available to every American ...

  7. Social Security: New Proposal for Higher COLA Bump for ...

    www.aol.com/social-security-proposal-higher-cola...

    Unfortunately, FERS retirees receive a smaller COLA adjustment than federal retirees under CSRS, especially when the COLAs are as high as 5.9% and 8.7% respectively. The FERS COLA breakdown is ...

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