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2. Congressional pension - Wikipedia

   en.wikipedia.org/wiki/Congressional_pension

   This new plan was enacted as the Federal Employees' Retirement Act of 1986. This act created the Federal Employees Retirement System (FERS), under which new Members of Congress are currently covered. When the FERS program went into effect, all Members elected in 1984 or later were automatically enrolled in the new plan.

3. 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:

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

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

   Federal Employees Retirement System - covers approximately 2.44 million full-time civilian employees (as of Dec 2005). [2]Retired pay for U.S. Armed Forces retirees is, strictly speaking, not a pension but instead is a form of retainer pay. U.S. military retirees do not vest into a retirement system while they are on active duty; eligibility for non-disability retired pay is solely based upon ...

5. 'I cannot afford to retire': State retirees will make their ...

   www.aol.com/cannot-afford-retire-state-retirees...

   According to the pension calculator, if I retire at 67 years old after 42 years of dedicating myself to public service, my pension will be $42,000 per year," wrote Christine Nardi. "I shutter [sic ...

6. $635 million federal bailout to save 22,500 carpenters from ...

   www.aol.com/635-million-federal-bailout-save...

   A struggling union pension fund for more than 22,500 metro Detroit carpenters and millwrights is getting a $635 million federal bailout, saving retirees from big cuts to their pension checks next ...

7. Social Security Rules Could Result in Pension-Eligible ... - AOL

   www.aol.com/finance/social-security-rules-could...

   Americans who receive pensions have a complicated relationship with the Social Security system due to a couple of federal rules designed to reduce excessive Social Security payouts: the Windfall...